Indiana Webinar Targets Small Business Succession Planning
South Bend Launches Program to Support Small Business Growth
Indiana small-business owners can gain valuable insights during a free webinar on November 2, 2026, organized by the Indiana Office of Entrepreneurship and Innovation in collaboration with the Indiana Chamber of Commerce.
Webinar Details
- Date: November 2, 2026
- Time: 12:30 PM EST
- Topic: Exploring Exit Strategies: Family Office, Employee Ownership, and Acquisition
Preparing for the Future of Your Business
The webinar aims to educate Indiana business owners about succession planning, offering guidance on three key exit strategies:
- Family Office: Involves transferring ownership to a family member or group.
- Employee Ownership: Employees take over the business, ensuring its continued success.
- Entrepreneurship through Acquisition: Selling the business to another entrepreneur or company.
Addressing the Silver Tsunami
According to the Silver Tsunami report by the IU Business Research Center, more than half of Indiana's business owners are 55 or older, managing over $200 billion in annual revenue. The report highlights the potential loss of these businesses and jobs, emphasizing the need for succession planning.
Keep IN Initiative
Gov. Mike Braun's Keep IN initiative, launched in May, aims to support small businesses during ownership transitions. The webinar is a significant step in this initiative, offering practical guidance to ensure the longevity of Indiana's small businesses.