North America
Events

Events

Date Region Event Name Location  
May 10, 2017 North America Heading for the Exit -The Realities and Process of Transitioning the Ownership of Your Business Employers Association of the NorthEast, Agawam, MA
  • Date: Wednesday May 10th, 2017
  • Time: 08:00
  • Location: Employers Association of the NorthEast, Agawam, MA

Heading for the Exit -The Realities and Process of Transitioning the Ownership of Your Business

The country is in the process of embarking on the largest transition of business ownership in our history yet 3 out of 4 business owners haven’t taken any steps to prepare for what will be the most competitive sellers market ever.  The good news for those who haven’t begun planning is that there is still time.  To start you on your path, Michael Vann of the Vann Group will be providing a primer on what you need to know about the succession/transition planning process.  Topics will include:

  • The current transition/succession landscape
  • Establishing transition expectations and objectives
  • Business valuation facts and realities
  • Family and partner dynamics
  • Exit options and structure considerations
  • Preparing the Company for transition
  • Your advisors and the value they create

In addition to addressing the above topics, each attendee will receive a free, customized Business Exit/Transition Readiness Analysis Report that provides a detailed analysis of the company’s current state of preparation.

Michael K. Vann provides over 15 years of strategic consulting and transactional advisory experience.  He serves as a trusted advisor to the owners of growth oriented, privately held small/mid-size businesses in a variety of industries including industrial/business services, manufacturing, and food & hospitality.  He focuses his efforts on helping owners scale their companies and position them for a successful exit.  His areas of expertise include strategic planning, succession/transition planning and mergers and acquisitions.

Join us at the Employers Association of the NorthEast, Agawam, MA

Cost: FREE for Members ($75.00 for non-members)

Time: 8:00 AM – 10:00 AM

Presented by:

Michael K. Vann, President, The Vann Group

To register:

Register as a Member of EANE

Register as a Non – Member of EANE

April 27, 2017 North America Join Us For A Business Succession Seminar Salem Five Financial at 445 Main Street #1 in Woburn, MA
  • Date: Thursday Apr 27th, 2017
  • Time: 07:30
  • Location: Salem Five Financial at 445 Main Street #1 in Woburn, MA

Join Us For A Business Succession Seminar

If you are thinking of exiting your business in the next 2 to 5 years…the time to start preparing is now! Join us as we discuss how to properly plan for your exit/transition out of your business, how to maximize your investment now as well as maximize your exit value, how to ensure the business remains sustainable through the transition,  and how to avoid the most common landmines.

  • Do you have a plan to build your business value?
  • Do you know what your value is today and how to DRIVE IT?
  • Does your BUSINESS VALUE need to increase for you to live your DESIRED LIFESTYLE?
  • Did you know that 6 out of 10 business exits are UNSUCCESSFUL?

Too many business owners don’t put much thought into their eventual transition out of their company, and run into a variety of unanticipated land mines. Making your business as attractive as possible is critical as all owners are facing a shrinking list of potential buyers and new private equity players are coming on the scene.

Tom LeBlanc will lay out the many hurdles business owners face at the critical time of transition and how, with the right planning, you can successfully overcome them.

  • 6 out of 10 business exits/transitions are considered unsuccessful – where the seller failed to achieve their objectives
  • Only 33% of first generation business transfers succeed
  • The minimum planning cycle for preparing your business for a successful sale is 2-5 years
  • Unprepared for the transition, depression hits over 60% of all retirees within the first three years of stepping out of their business

There are 12 million “Baby Boomer” business owners just like you that are headed for the exit sign in the near future. Most business owners have a lot to learn about managing that transition successfully. The skills you’ve used to manage and build your business are completely different than the ones you need successfully transition it, whether you intend an internal transfer or to sell for the highest dollar. There will be more sellers than buyers, and those that develop a strategy and follow their plan will have a much better chance of successfully meeting their exit/transition goals.

At this morning session you’ll learn about the top challenges that most business owners face at the time of transition. Learn how you can keep control and maximize your value, and begin to formulate a plan for your long term, personal success.

Click to Register 

 

back to top >>