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Family business seminar in South Portland

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Family business seminar in South Portland

SOUTH PORTLAND — More than 80 percent of Maine's businesses are family-owned. Buying, selling or passing these businesses on are the topics of a forum beginning at 8 a.m. Oct. 25 at the Marriott at Sable Oaks.

The Institute for Family-Owned Business presents “Preparing the Next Generation for Transition,” with discussions on exit strategies and value creation for family-owned businesses.

Institute President and Downeast Energy CEO John Peters said the day-long seminar will cover facets of buying and selling family-owned businesses. Included are discussions on transition planning, tax and accounting laws and the life after selling a family-owned business.

The seminar is followed by a social hour at 5 p.m., and is open to Institute members and non-members. For more information on seminar fees and to register, visit the seminar website.