It is estimated that more than 50,000 small business owners will be looking at exiting their business each year - either by selling the business or passing it onto the next generation. However, over 50% of those business owners will unfortunately exit unexpectedly due to death, illness, divorce, dispute, bankruptcy, or simply closing the doors.
Business Succession and Exit Planning allows business owners to determine their business value, align their personal goals with those of the business, and mitigate the many risks that reduce a business owner’s ability to exit on their terms. Business owners with an effective business succession and exit plan often have more flexibility around exit timing.
Many business owners will invest decades in building a successful business, the next step is to ensure that your investment pays off and provides you with the financial rewards that you set out in business to achieve.
This webinar explored the how, when, and why of Business Succession & Exit Planning, and understanding your business value. The key internal and external factors that are critical to maximising the value of any business are highlighted and explained within the context of value enhancement.
Presenter:
Craig West
Craig West is a strategic accountant who has over 25 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. In this workshop, Succession Plus CEO & Founder, Craig West, will walk business owners and advisers through the various strategies to maximise the value of your business.
Host:
Shirley Ng, National Manager, International Competitiveness
See what webinars we have planned in our Events Calendar.
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