Strategies for Succession Planning

Strategies for Succession Planning (February 20, 2023)

Whether you have owned a store for many years and are considering exiting a much-loved business, are planning for your store’s long-term future, or are a bookseller exploring options for keeping a business viable for many years to come, this is the session for you. This seminar will cover store valuation, alternate models for succession, how to raise capital, the importance of an emergency plan, and more!

Part one of this three-part series features Toraya Miller of Washington State’s LGBTQ+ & Allied Chamber of Commerce.
 
Part two features Tara Vitale and Peter Smith, Managing Partners at Apex Law Group.
 
The third and final part of this series features Kate Larson and Suzanne Droppert, current and former owners of Ballast Book Company (Bremerton, Washington); Michelle Bear and Mary Kay Sneeringer, current and former owners of Edmonds Bookshop (Edmonds, Washington); and David Sandberg, owner of Porter Square Books (Cambridge, Massachusetts).

 

 

 

Watch video from this event.
Strategies for Succession Planning
Strategies for Succession Planning (February 20, 2023)

Whether you have owned a store for many years and are considering exiting a much-loved business, are planning for your store’s long-term future, or are a bookseller exploring options for keeping a business viable for many years to come, this is the session for you. This seminar will cover store valuation, alternate models for succession, how to raise capital, the importance of an emergency plan, and more!

Part one of this three-part series features Toraya Miller of Washington State’s LGBTQ+ & Allied Chamber of Commerce.
 
Part two features Tara Vitale and Peter Smith, Managing Partners at Apex Law Group.
 
The third and final part of this series features Kate Larson and Suzanne Droppert, current and former owners of Ballast Book Company (Bremerton, Washington); Michelle Bear and Mary Kay Sneeringer, current and former owners of Edmonds Bookshop (Edmonds, Washington); and David Sandberg, owner of Porter Square Books (Cambridge, Massachusetts).

 

 

 

Strategies for Succession Planning

About ABA

The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.

Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.

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