Strategic Small Business Exit Planning
Date & Time: May 2, 2024, 6:00 pm - 8:00 pm PDT
Language: English
Event Provider: MESO
Location: Online [Live virtual event]
Duration: 120 minutes
Cost: Free
REGISTRATION: Click here to register for this class.
ABOUT THE EVENT:Are you a small business owner with dreams of long-term success and profitability? Planning for the future includes not just building your business but also knowing how to gracefully exit when the time is right. In "Strategic Small Business Exit Planning," we delve into the critical aspects of creating an effective exit strategy, tailored for entrepreneurs at any stage, including those just starting out.
This is a brand-new class that is being offered for free for this time only.
Course Overview:
Introduction to Exit Planning:
Understanding the importance of exit planning from the early stages.
Exploring common motivations for exit.
Business Valuation:
Methods for determining the true value of your business.
Recognizing key factors that influence valuation.
Identifying Potential Buyers:
Analyzing different types of buyers (individuals, competitors, investors).
Understanding strategic and financial buyers.
Preparing Your Business for Sale:
Documenting and organizing financials, operations, and legal aspects.
Enhancing business attractiveness through value drivers.
Legal and Regulatory Considerations:
Navigating legal requirements for a smooth sale.
Addressing potential liabilities and mitigating risks.
Creative Financing Options:
Exploring alternative financing methods.
Understanding seller financing and its benefits.
Negotiation Strategies:
Developing negotiation skills for a win-win outcome.
Addressing common challenges in the negotiation process.
Tax Implications and Strategies:
Minimizing tax liabilities during the sale.
Exploring tax-efficient exit structures.
Case Studies and Real-World Examples:
Learning from successful exit stories.
Analyzing failures to avoid common pitfalls.
Post-Exit Planning:
Managing personal and financial transitions post-sale.
Exploring opportunities for continued involvement or new ventures.