Last midvalley workshop Nov. 14 |

Last midvalley workshop Nov. 14

The third year of the Mid-Valley Business Workshop Series is coming to an end with the last installment of 2006. The final workshop of the series will be held on Tuesday, Nov. 14, in Carbondale and will focus on business valuation and funding sources for people who currently own or are interested in buying an existing business.”We try to keep the workshops very hands-on,” Carbondale Chamber of Commerce Executive Director Randi Lowenthal said.This particular workshop will focus on all factors used to determine the value of an existing business, including real estate, assets, inventory, revenue and profits. Other factors discussed will be intellectual property, type of business, years in business, and name recognition and reputation.Robert Minor of Business World Brokers in Carbondale, and a Chamber member as well, will present the information for the workshop.

“This particular workshop will provide the group with information on how to valuate their business,” he said.Minor, a business broker in western Colorado since 1993, has dealt with every type of business transactions from restaurants to construction trades and will provide many years of knowledge to those attending.”This will help current owners understand how to set up a model that they can look at and know the performance of their company and how that creates value,” he said.The Mid-Valley Business Workshop Series is sponsored by Ace Hardware, Alpine Banks, the Post Independent and the Aspen Daily News.For additional information please call Minor at 704-1100.

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