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VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
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CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20240322T140000Z
DTEND:20240322T160000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Webinar - Successive Succession Sequences: Planning for Your Future
DESCRIPTION:This course is designed to aid business owners and managers in their approaching to planning for retirement or career change after they have begun a successive business. Data from 2023 indicate that the majority of business owners do NOT successfully plan for their retirement\, and often miss the most opportune time to sell or step back from their business. This class discusses\, compares and contrast the various methods for business owners to exit from their small business. The choice of exit determines whether a retirement will be successfully funded\, or whether a business will continue or be sold.\n\n\n\nCourse Outline\n\n	What is the retirement you seek? (Goals for one's life and career after exiting the business.)\n	Who to assume helm? (Methods of leadership transfer\, succession training\, slow or immediate transfer\, family).\n	Why you desire an exit at all?\n	When and how to sell a business - the basics.\n	How to avoid future problems by preparing\, then letting go.\n\n\n\nLearner Outcomes\n\nParticipants will:\n\n	Understand the importance of planning their exit/retirement well in advance.\n	be able to better comprehend the various methods of exiting their business.\n	be able to design comprehensive exit strategies and succession training for the business leadership.\n	be better able to analyze the financial impact of business transfer\, business sale\, or business closure.\n	be able to judge potential risks in staying on as advisor\, verses leaving immediately\, and considering the cost-benefit analysis of proceeding  with the business continuing\, the business being cold\, or the business being terminated.
X-ALT-DESC;FMTTYPE=text/html:This course is designed to aid business owners and managers in their approaching to planning for retirement or career change after they have begun a successive business. Data from 2023 indicate that the majority of business owners do NOT successfully plan for their retirement\, and often miss the most opportune time to sell or step back from their business. This class discusses\, compares and contrast the various methods for business owners to exit from their small business. The choice of exit determines whether a retirement will be successfully funded\, or whether a business will continue or be sold.<br />\n<br />\nCourse Outline\n<ol>\n	<li>What is the retirement you seek? (Goals for one&#39\;s life and career after exiting the business.)</li>\n	<li>Who to assume helm? (Methods of leadership transfer\, succession training\, slow or immediate transfer\, family).</li>\n	<li>Why you desire an exit at all?</li>\n	<li>When and how to sell a business - the basics.</li>\n	<li>How to avoid future problems by preparing\, then letting go.</li>\n</ol>\n<br />\nLearner Outcomes<br />\nParticipants will:\n<ul>\n	<li>Understand the importance of planning their exit/retirement well in advance.</li>\n	<li>be able to better comprehend the various methods of exiting their business.</li>\n	<li>be able to design comprehensive exit strategies and succession training for the business leadership.</li>\n	<li>be better able to analyze the financial impact of business transfer\, business sale\, or business closure.</li>\n	<li>be able to judge potential risks in staying on as advisor\, verses leaving immediately\, and considering the cost-benefit analysis of proceeding&nbsp\; with the business continuing\, the business being cold\, or the business being terminated.</li>\n</ul>\n
LOCATION:Virtual
UID:e.544.4937
SEQUENCE:3
DTSTAMP:20260415T001453Z
URL:https://business.dekalbchamber.org/events/details/webinar-successive-succession-sequences-planning-for-your-future-4937
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