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April 1, 2021 Outreach The University of Maine Graduate School of Business and the Maine State Chamber of Commerce will host a free webinar about succession planning from 11 a.m.–noon, April 8.  In Maine, baby boomers own 12,790 businesses that employ 108,000 people and many of these businesses will need to transition to new ownership in the coming years. Recent research from Wilmington Trust found that almost 50% of businesses owned by those 65 and older — which constitute 60% of all business owners — have no succession plan.  Faye Gilbert, executive dean of the Maine Business School and interim dean of the Graduate School of Business, and Jason Harkins, associate dean of the Maine Business School, will lead the program, which is free and open to the public. Topics will include identifying types of exit strategies, putting a successful system in place for your successor, and building a support system. 

United statesUniversity of maineBen gilmanJason harkinsFaye gilbertCounsel for the maine state chamberUniversity of maine graduate school businessBusiness schoolMaine chamberMaine state chamberUmaine business schoolSchool of businessGraduate business schoolUmaine graduate schoolWilmington trustGraduate school