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California State University, Bakersfield
Central CA Network
Host and SBDC director, Kelly Bearden kicks off the webinar with a countdown to the end of the Economic Injury Disaster Loan Program [EIDL], supplemental and targeted EIDL, updates on PPP loan forgiveness, and more. Bearden is joined by Michael Balstad, certified exit planning advisor and founder of Harvest Transition Solutions, a firm that specializes in exit strategies for small business owners. Balstad discusses owner readiness and the price of procrastination, plus options owners have from creating a smooth transition for retirement, to selling their business to employees, partners, family or unrelated parties. [Michael Balstad starts at 16:23] This marks the 82nd in the weekly “Webinar Wednesday” series that provides reopening and current pandemic relief updates on available federal, state, and local funding options, tax credit programs, employee programs, and other opportunities helpful to employers and business owners. The SBDC is open and provides free one-on-one consulting to help small business owners. New and existing businesses can sign up for assistance by clicking here!