Succession Planning/Exit Strategy

*This workshop is now sold out. If you would like to be placed on our wait list, please contact [email protected] with your name, email, phone & business name!

Join us to hear from local professionals who will provide legal, accounting and financial planning information on how to best transition out of your business! Topics for this session will include succession planning, dealing with company incorporation, business planning and organization, employment contracts, and specialist tax advice!

Our panelists will answer questions and offer the advice you need to help you maximize your options both financially and strategically! Everything you need to plan for the smooth transition of a business!

• When is the right time to start planning?
• What are the possible exit strategies?
• What is a business succession plan and what are some of the important components?
• Who should be involved in your succession planning?
• In the course of your planning/preparation, are you protected from unforeseen circumstances along the way?
• Have you determined your financial needs post-transition?  Is your timing realistic?
• Depending on your exit strategy, have you identified a successor?
• What should be done to get the business in order prior to transition?
• What transition details need to be considered?
• Have you determined the value of your business?
• Do you have a proper communication plan?
• Have you considered the impact on your employees, suppliers, customers, family, etc.?
• Are you prepared for life post-transition?

Panelists:

Tax Advisor Brad Carnahan, CA,CPA, and Partner at BDO

Lawyer Tim Timpano, Certified Specialist in Corporate and Commercial Law and a Partner at Downey, Tornosky, Lassaline and Timpano Law

Financial Consultant Adam Burton, CFP, CIM, FMA at IPC Securities Corporation

Entrepreneur, Mariano Tulipano

***Buffet breakfast included.