Exit, Succession Planning, and Employee Ownership Options
Gain essential insights on transitioning your business with confidence.
This four-week series covers exit options, valuation basics, and expert advice to prepare you for a smooth exit. Whether you’re planning to sell, pass down, or restructure, this program will provide the guidance you need to make informed decisions for a successful transition.
Week 1: Wednesday January 8th- 12pm-1pm
Where to Start?
Have you thought about exiting your business, but are not sure where to start? Do you want to sell to an outside buyer, pass the business on to a family member, or sell to your employees? Understand the different options to exit, how potential buyers assess business attractiveness, the resources to support you, and questions to ask yourself as you consider the next steps.
Week 2: Wednesday January 15th – 12pm-1pm
What’s my business worth?
Understanding the true value of a business is crucial. In this session, you’ll learn high-level information about business valuation. We’ll explore the fundamental approaches to business valuation, including asset-based, income-based, and market-based methods.
Week 3: Wednesday January 22nd- 12pm-1pm
What are the types of employee ownership?
In this session, we will delve deeper into each of the three types of employee ownership, discussing their benefits, drawbacks, and best practices for implementation.
- Employee Stock Ownership Plans (ESOPs)
- Employee Ownership Trusts (EOTs)
- Worker Cooperatives
Week 4: Wednesday January 29th- 12pm-1pm
Who are the experts?
A panel of experts, including a wealth advisor, CPA, attorney, and banker, will address your burning questions about succession planning.
Key Considerations for Succession Planning
- Tax implication
- Legal and regulatory issues
- Financial strategies
- Risk management
