Blog:

Exit Planning: How to Prepare Your Business for a Seamless Transition in Management

  • Tuesday, January 23, 2007

You've put a lot of work into getting your business to the point it is today. When you exit it, you want it to be in the best possible position in order to get the most value for all your blood, sweat and tears. By beginning your exit planning today, you can transition the company to new management smoothly and avoid the disruptions that can adversely impact you and the business.

This EVOLVE seminar will cover three common ways to exit a company: selling, succession, and merger. Our panel of entrepreneurs will talk about how they positioned companies for exit, how they chose their strategy, and what they feel went well (and what they wish they could do over). In addition, professional advisors will discuss the financial implications and legal considerations of exit planning.

Topics covered will include:

  • How to choose the best strategy to exit your business;
  • Which outside advisors to involve in the process; and
  • How to build the strategy into your business plan.

When you exit your business, it should be in your own time and on your own terms. By attending this seminar and beginning your exit planning now, you can receive the maximum value and ensure a successful transfer to the new owners - a win-win for every entrepreneur!

HOW ENTREPRENEURIAL QUEST SEMINARS WORK

E Quest seminars are focused on topics that are relevant to each stage of entrepreneurial development: EXPLORE, LAUNCH, GROW or EVOLVE. A typical seminar features experts giving guidance and entrepreneurs sharing advice from their experiences; and always includes ample time for you to ask questions. When you attend an E Quest seminar, you will gain knowledge that is targeted towards what you and your business are going through now.



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THIS EVENT HAS BEEN POSTPONED.

The rescheduled date in Tuesday, March 6, 2007.