Thursday, December 10, 2020 | 12:00 - 1:00 P.M. EST
Why is it important to know the value of your business? If you plan to sell your business, at some point, and expect the proceeds to fund your retirement, then it is important to know if there is enough value in your business to serve that purpose. Whether you want to sell your business soon, or think this payoff is years away, you can take these steps right now to maximize its value and price -- as well as your profit from years of hard work building your business.
Upon completing this webinar, you will be able to:
- Identify the indicators that it’s the right time to sell
- Explain the difference between selling to a financial buyer and a strategic buyer and why business owners may opt for one over the other
- Describe some of the protocol for communicating news of the business sale to key members of the team
- Explain some of the ways a sale process can maximize value
- Utilize strategies for effectively running the business while it’s being sold
Steve serves as an audit MHM shareholder for numerous clients where he provides "hands on" practical business advisory, consulting, auditing and accounting services to middle-market, privately-held and family-owned companies.
Scheduled Panelists Include:
Mitch provides business advisory and consulting services to private equity groups and privately-held companies in varied industries. Mitch has developed an in-depth background working closely with clients through mergers and acquisitions and a solid perspective determining the important elements to consider and the risks associated when acquiring companies.
Errol has over 35 years of deal-making experience. He co-founded Triangle Capital in 2003 and often works directly with our clients in the Apparel, Retail & Consumer sector, but also offers a wealth of experience in other industries including business services, manufacturing, and transportation.
Richard is a co-founder and Partner of Triangle Capital and has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is also a contributor to Forbes.com where he writes about trends in retail and consumer product businesses.