Free to NAPSA
Succession Planning Success: How to Develop Your Strategy!
Eventually every business will get sold or transferred, and this new session by two succession planning specialists will help you get your business ready – and explain why you have to start now! You’ll learn how experts determine the value of a business, how to value yours, and steps you can take to make your business more transferrable or sellable. You’ll learn the advantages and disadvantages of the options for sale or transfer -- family members, insiders/management, or a third-party strategic/financial buyer. You’ll discuss what you will need to retire comfortably, how that can affect how you dispose of your business and how, after the sale, to incorporate the sale into your personal financial plan. You’ll leave this session with a better understanding of why you need to start preparing your business for sale now, and you’ll take home steps you can take to maximize the transferability of the business value at point of sale. A session for all businesses -- small, mid-size, and large companies!