Over the next decade, purchasing cooperatives will face a unique challenge: managing the retirement of their numerous Baby Boomer member-owners. This so-called “Silver Tsunami” will re-shape the future of the sector as these local, family-run businesses contemplate whether to sell their business, pass it down to family members or simply shut their doors.
On Tuesday, March 28, 2017 at 1 p.m. EDT, NCBA CLUSA will bring together Castle Wealth Advisors, long-standing experts on succession planning options for members of purchasing co-ops, and Project Equity, experts in worker-ownership transitions, to present “Succession Planning: How to Engage Members in Their Future.” This webinar is the first in a three-part series designed to help leaders of purchasing co-ops and their members better understand succession planning options.
Click here to register for this free webinar: https://attendee.gotowebinar.com/register/4554928509982149121
This webinar will focus on purchasing co-op executives and the messages they need to communicate to members. Key takeaways include:
- The business case for investing in succession planning education
- Succession planning options and comparisons
- Talking points and strategies to educate members about succession planning
- Best practices guide for succession planning (available to all registrants)
The ideal audience for Part 2 and Part 3 in this webinar series are the actual member-owners of purchasing cooperatives and will focus on the specific options available for proper succession planning. Please be sure to subscribe to Co-op Weekly to ensure you don’t miss the registration information for these follow-up webinars.