“I’m tired, I want out of my business now!”

And why not? Our personal lives need to move onwards, even when all conditions aren’t ideal for sale. The good news is that there are still key strategies for a successful transfer/sale during tough economic times. Make sure you learn about  them at this seminar, as well as the necessary personal financial planning for your retirement

AGENDA

8:00am - 8:30am                Continental Breakfast / Networking

8:30am - 9:10am                Transferring / Selling Your Business in Turbulent Times, 

                                               Steve Wilber, Principal- ROCG Americas   

With the current demographic of “baby boomers” business owners and the many businesses who are struggling to survive, it is inevitable that some businesses will transfer hand during the current down cycle of the economy. While most owners understand the importance of planning, very few business owners have a strategy for transition that would ensure they achieve their personal goals and financial needs. In this presentation we will discuss how to properly plan for your transition out of the business, how to maximize your exit value, how to ensure the business remains sustainable through the transition and what options could be available to you to sell your business. 

9:10am - 9:40am            How to Plan for Your Income Needs   

                                           Ryan Waselewsky, Merrill Lynch    

You don’t have to go far to find someone who is financially effected by the economic downturn, whether it’s their business, their personal investments or money tied in their retirement fund. For those of you who are planning to transition out of your business, what does that mean for your income?  Did you know that in many cases a business owner gets a pay raise to step away from the business…

In this presentation we will discuss ways to protect your retirement income, how to manage the risk, and what you should do with the proceeds once you sell the business.

9:40am – 10:15am         How Does a Down Economy Affect My Plans to Exit Ownership

                                           Bob Koch, The Charter Group 

Business owners nearing retirement or those who are burned out or simply can’t hang in there anymore are faced with either the option of selling in a down market or continuing to bear the risk of ownership in uncertain times. Trying to perfectly time the sale of your company is like trying to time the markets: easier said than done. Fortunately, there are strategies that can help to build value in your business in the short term and help to maximize the value you receive for your business. Understanding your options and their potential outcomes is critical to making prudent decisions for exiting ownership. This presentation will walk you through the importance of understanding current value, the potential to build value before a sale, and what to expect in the selling process.

10:15am – 10:30am         Q&A

Space is limited to ensure the highly interactive character of the workshops, so REGISTER TODAY for these important complimentary workshops, including a continental breakfast and featuring vital  topics presented by experienced professionals from the Grand Rapids area. Please feel free to invite your spouse, senior management, and fellow business owners to attend with you.

To reserve your spot please call Cathie VanGessel at 1-616-575-9210 or email cathie.vangessel@rocg.com or click here to register on-line.