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  • Kansas' Idea to Keep Businesses (and Small Towns) Alive When Owners Retire

    Kaela Bamberger

    April 04, 2017 |

    Naked Capitalism |

    Text |

    800-1500 Words

    Response Location: United States, Concordia, Kansas

    RedTire is a program operating in Kansas that helps coordinate the selling and buying of businesses. The service has proven critical in rural areas that often only have a single key entity, like a pharmacy, and would suffer greatly if it were to shut down. RedTire serves as a "matchmaking" service to assist these communities in finding new owners to take over at a fair price.

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  • How to Keep Businesses (and Small Towns) Alive When Owners Retire

    Kaela Bamberger

    March 29, 2017 |

    Yes! Magazine |

    Text |

    800-1500 Words

    Response Location: United States, Concordia, Kansas

    RedTire, short for Redefine Your Retirement, is helping small businesses stay afloat by facilitating transitions in business ownership and acting as a non-profit business broker. The service helps rural communities thrive since small businesses are essential to the vitality of small towns. In its five year history, RedTire has brokered sales that collectively total over $22 million.

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