NECA 2019 Las Vegas
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What to Do Before You Buy In
(
Room
Breakers KL
)
15 Sep 19
8:00 AM
-
9:50 AM
Tracks:
Business Planning & Growth
Speaker(s):
Kevin Kennedy, Founder and CEO, Beacon Exit Planning, LLC;
Joseph Bazzano, COO, Beacon Exit Planning, LLC
A management buyout is the most common strategy for the sale of an electrical construction firm, however the biggest obstacle for the manager is they don't have enough money to buy the company. This session will discuss the pros and cons of different ways to transition a business including valuation, taxes and fees associated with execution of the strategies. Risk, expectations and creating teams will also be discussed.
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