AoE place - Paul Kinghorn
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The majority of Iowa is rural and most of their small businesses are isolated from the services necessary to successfully operate and grow. Advance Iowa, a comprehensive consulting program designed to work with small to medium enterprises to enhance profitability and growth, create strategy within their companies, and plan for their exits.
AoE place - Paul Kinghorn
- 1. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title style Advance Iowa October 2018 Paul Kinghorn Director, Center for Business Growth & Innovation
- 2. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleProblem | Rural Business Succession Loss ofJobs | Wealth Quality of Life
- 3. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleWhy It Matters Family
- 4. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleSelf-Interest Appeal Owner Next Gen Community / Employees Maximize Business Value and Wealth Identify Exit Plan/Path (who/when/for how much) Reduce Post Sell Involvement and Financing Peace of Mind Encourage/Incent Ownership From Family &/or Key Employees Reduce the Risk of Business Ownership Tether Rewards Between the Current Owners Develop Leadership/entrepreneurship skills Employment Opportunities Economic Impact From Business Continuity Mitigate the Decline in Rural Communities Preserve Wealth
- 5. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title style Stronger Employment Options Economic Impact From Business Continuity Mitigate the Decline in Rural Communities Preserve Wealth Self-Interest Appeal Owner Next Gen Community / Employees Maximize Business Value and Wealth Identify Exit Plan/Path (who/when/for how much) Reduce Post Sell Involvement and Financing Increase Quality of Life Encourage/Incent Ownership From Family &/or Key Employees Reduce the Risk of Business Ownership Tether Rewards Between the Current Owners Develop the Next Generation of Entrepreneurs Economic Developers Elected Officials Vibrant Economy Quality of Life Addition to Existing Service Offering (Effective) Minimal Demand on the Developers (Efficient)
- 6. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title style Stronger Employment Options Economic Impact From Business Continuity Mitigate the Decline in Rural Communities Preserve Wealth Self-Interest Appeal Owner Next Gen Community / Employees Maximize Business Value and Wealth Identify Exit Plan/Path (who/when/for how much) Reduce Post Sell Involvement and Financing Increase Quality of Life Encourage/Incent Ownership From Family &/or Key Employees Reduce the Risk of Business Ownership Tether Rewards Between the Current Owners Develop the Next Generation of Entrepreneurs Economic Developers Elected Officials Vibrant Economy Quality of Life Addition to Existing Service Offering (Effective) Minimal Demand on the Developers (Efficient)
- 7. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleSolution Arrayof Customizable Services NobodyWantstoFeelProcessed
- 8. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleSolution | Program Accountability Engagement Assessment Identify Top 3-5 Needs From Among 27 Common Challenges Financial Scorecard Exit Planning (Value Assessment) State of Salability Peer Interaction Advisors and Facilitators Self Strategic Development Exit Planning Road Map Value Builder System C-Suite Peer Groups Family Business Forum Workshops /Webinars / Newsletters (Content Specific)
- 9. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleSolution | Delivery Funding Partnerships Personnel Trained Staff Administrators | Business Development | Practitioners | Support Experienced Contractors Advisors | Facilitators | Mentors Grants | State Appropriations Fee for Service Scalability | Quality | Accountability (Skin in the Game) Internal UNI Colleges | Centers External Local Economic Developers | Industry-Trade Associations Community Colleges
- 10. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleProgram Impact 68 counties across Iowa 513 project engagements 465 clients serviced through webinars/workshops 978 CLIENTS
- 11. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title styleTestimonials It gave us an opportunity to take a step back and think about what we are really trying to accomplish here. PETE DOWNS CEO of Waterloo Tent & Tarp It was a great way for us to get into a market that we didnt know we wanted to venture into, we saw there was true potential. LYDIA BROWN Skywalk Group
- 12. Click to edit Master text styles Second level Third level Fourth level 損Fifth level Click to edit Master title style Thank You Questions/Comments