Business Succession Data & Resources from the University of Minnesota Extension: An Interview with Extension Specialist Michael Darger
October 7, 2024
The University of Minnesota Extension has conducted extensive research on succession planning and leadership transitions within the business community. Their research and resources provide economic developers with a toolkit they can use with businesses during Business Retention & Expansion (BRE) visits.
Michael Darger, a seasoned Extension Specialist at the University of Minnesota, shared this research and its recommendations with Golden Shovel in an interview for our ShovelTalk podcast. With over 21 years of experience focused on Business Retention & Expansion (BRE), Darger has recently concentrated his efforts on the critical area of Business Succession and Transition (BST). His work addresses one of the most significant challenges facing local economies: ensuring that businesses remain viable as their owners prepare to step down.