Business Owners-Plan for Your Exit/Transition
If you are thinking of exiting your business in the next 2 to 5 years...the time to start preparing is now! Join us as we discuss how to properly plan for your exit/transition out of your business, how to maximize your investment now as well as maximize your exit value, how to ensure the business remains sustainable through the transition, and how to avoid the most common landmines.
Too many business owners don't put much thought into their eventual transition out of their company, and run into a variety of unanticipated land mines. Making your business as attractive as possible is critical as all owners are facing a shrinking list of potential buyers and new private equity players are coming on the scene.
Tom LeBlanc will lay out the many hurdles business owners face at the critical time of transition and how, with the right planning, you can successfully overcome them.
There are 12 million "Baby Boomer" business owners just like you that are headed for the exit sign in the near future. Most business owners have a lot to learn about managing that transition successfully. The skills you've used to manage and build your business are completely different than the ones you need successfully transition it, whether you intend an internal transfer or to sell for the highest dollar. There will be more sellers than buyers, and those that develop a strategy and follow their plan will have a much better chance of successfully meeting their exit/transition goals.
At this breakfast session you'll learn about the top challenges that most business owners face at the time of transition. Learn how you can keep control and maximize your value, and begin to formulate a plan for your long term, personal success.