Keeping small town businesses alive after the owner retires
In Kansas, a new matchmaking service is helping transition small businesses to new owners. RedTire, hosted by the University of Kansas matches retiring business owners in small towns to new prospective owners. KU students help staff the program and earn money while KU alumni get free help with selling their businesses. And while traditional business brokers focus on maximizing the deal to the advantage of the party that hired them, RedTire focuses on the fairest deal for both sides. Read more at Yes Magazine.