Rural Grocery Succession Planning


Webinar 2: Business Valuation 101
Recorded
February 17, 2022


Business valuation is a critical part of business transition planning. How do you determine what a business is worth? When do you need this information? Who can help? Join us to answer these questions and more!

PowerPoint Slides (pdf)
Wilson Foods Press Release

Featured presenters:

  • Rick Feltenberger, Regional Director of the Fort Hays State University Kansas SBDC. Rick is the Founder and Director of ForwardFocus, a business advisory and exit planning firm focusing on rural business transitions. He is a Certified Exit Planning Advisor and an Accredited Business Intermediary with over 30 years of business and entrepreneurial experience. Rick has helped business owners across the United States prepare their single largest financial asset for an eventual Exit With Dignity™.

  • Rick Weigel, owner of Wilson Foods in Wilson, KS. Rick was born into the grocery business, helping out his family's grocery store from the age of 14. He has owned 3 grocery stores, and is currently the owner of Wilson Foods. He has a great knowledge of the industry and boasts a better profit margin than the industry standard. Rick and his wife Janel have three children, and love spending time with their grandchildren.

  • Stacie Schmidt, Executive Director of Ellsworth County Economic Development. Stacie has a love for living rural, and a passion for promoting community and leadership development. Stacie has a background in hospitality, and has found her footing as the ECED director in access to capital, grant writing, networking, marketing, and matching people with opportunity. Stacie is a single mom of two, Britain, 17, and Brooklyn, 11, and loves supporting them in their extracurricular activities.