Business Transition Support
We connect existing businesses owners with resources to plan for sale or transition to a family member, employee or employee group, or even a brand new owner. Whether actively planning to sell or thinking about the future of your business, CBIT has resources for you.
Seller's Working Group
CBIT is offering a Seller’s Working Group, bringing together business owners planning to sell in the next few years. In partnership with ANCA’s Center for Pandemic Response, business owners will participate in virtual group sessions and one-on-one counseling to acquire the tools and know-how needed to sell or transition a business.
Resources for Aspiring Owners
CBIT supports business owners aspiring to own a North Country business with resources related to buying and owning a business. We can also connect aspiring business owners with current owners interested in transitioning their business to the next generation.
At the Center for Businesses in Transition . . .
We provide matchmaking services between potential buyers and sellers, plus access to planning tools and connection with existing services.
CBIT is a dynamic partnership between regional organizations and individuals invested in the retention of local businesses and the future of our communities. Our goals include helping owners sell their businesses on the open market, completing intergenerational family transitions, and converting to employee-owned and cooperative models.
Who We Work With
Aspiring Business Owners
- Purchase an existing business
- Start a new career path in business ownership
- Find out more about employee ownership models and opportunities
Current Business Owners
We help people looking to transition their current business to new ownership. In particular, we serve those who are looking to:
- Retire or transfer ownership
- Find a suitable successor
- Access capital for transition needs
The North Country Center for Businesses in Transition partners with economic development organizations and chambers of commerce from across the region. These partnerships connect business owners and aspiring business owners with a robust network of resources, contacts and services to help will all phases of the transition.
Decker’s Flats Greenhouse
Working from home and putting a green thumb to use may seem like a dream to many aspiring Adirondackers. Jim and Ronnie Cunningham have been able to make a life for themselves doing just that.