Exit Strategy for the Business Owner:
Most Owners are unprepared:
Come join us for an informative series on how to sell your business interest by creating the right plan. Considering 66% of all businesses with employees are owned by Baby Boomers who are retiring at a rate of 10,000 per day, 10 million companies will change hands within the next ten years at a value of 10 TRILLION dollars. Most owners are unprepared. They do not know the actual value of their company, how to handle taxes, or the financing options. There are strategies you can enact know that can help.
We will discuss:
- What's it REALLY worth, what's possible, and what's likely
- The myths and realities of how to value a business.
- Appropriate operating agreements and the illusion of a buy sell mechanism
- Estate Planning and Risk Management
- Attracting your buyer
- Funding Options, are last minute debt buy-outs a good idea?
- Tax Structuring: The Government LOVES a procrastinator.
The Exit Strategy Program is made up of three sessions that take place on November 1st, 8th, & 15th from 8:00 to 11:00 a.m. at the NKY Chamber Offices at 300 Buttermilk Pike, Ft. Mitchell KY 41017. The cost is $125.00 per person.
If you would like to refer someone for this class,
Please contact Debby Shipp at dshipp@nkychamber.com