Contact
Joni Garza, SCORE AdministratorFort Worth - Chapter 120
817-871-6002
scorefw@gmail.com
Buying & Selling a Business
Every business needs to have a succession plan and often times that plan is to sell the business. Come join, Ronald Shuff, Tim Jacquet and Kim Boyden, SCORE volunteers and other business cohorts as we discuss what it takes to sell a business and what you need to know in order to buy a business.
In this workshop we will cover the following topics:
- Reasons and decisions to be made when selling and how it affects a buyer
- Do's and Dont's when selling or buying
- Should you use a business broker
- How do you price your business
- How do you determine the value of one you're looking at buying
- Creating the letter of Intent
- Negotiating: You only get what you negotiate!
- Due Diligence - what it really means
- Dealing with Material Changes
- Closing the deals
- Getting Your Business Financing together
"You never get what you deserve, you only get what you negotiate". This old saying never had more meaning than when selling or buying a business. Listen to our experts talk about the selling process and protect yourself from becoming a victim. Also learn how to make the right buy.
RONALD F. SHUFF will lead this workshop. Ron is an Adjunct Professor at SMU Dedman School of Law (Dallas), Capital Univ. Law School (Columbus, Ohio) and at Wade College (Dallas). He retired as Senior Vice President Secretary and General Counsel of Flowserve Corporation (NYSE:FLS), a $4 Billion Global Manufacturer & Member of S & P 500.
He holds a M.S. (Management) from MIT Sloan School of Management.
Kim Boyden is the Business Development Officer of LiftFund in Fort Worth, Texas. LiftFund has grown to become the largest micro and small business lender in the United States. The nonprofit organization provides loans and management training to enterprises of all types of businesses from startups to long established businesses and operates in the states of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee and Texas. Ms. Boyden is responsible for the Tarrant County Region as well as the surrounding communities. Kim also works closely with the DFW District Office of the Small Business Administration in providing time as a panelist and various workshops as needed. She has been a Score Volunteer for over 10 years counseling future entrepreneurs, who face considerable obstacles when seeking guidance in gaining the financing they need to start and grow their businesses.
Ms. Boyden is also a Licensed General Insurance Agent in the State of Texas.
Ms. Boyden graduate with a Bachelor’s Degree in Business Administration.
Because our work is supported by the U.S. Small Business Administration (SBA), and thanks to our network of 10,000 volunteers, we are able to deliver our services at no charge or at very low cost.