Introduction:
Across Missouri, there are thousands of small businesses owned by people nearing retirement. These businesses are the heart of local communities — but many owners are facing the same challenge: What happens next?
- For some, family takes over.
- For others, employees step in.
- But for many — there is no clear successor.
The Risk:
Without a plan, businesses face:
- Closure
- Job loss for employees
- Lost legacy in the community
- Valuable services disappearing locally
What Owners Should Be Thinking About:
- Succession Planning
- Transition Timelines
- Protecting Employees
- Preserving Reputation
- Finding the right buyer — not just any buyer
Conclusion:
The best outcomes happen when owners start the conversation early — long before they need to sell.
Showme 360 works with local business owners to explore options for transitioning their business while protecting what matters most.