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Upcoming Seminars

Marketplace Multiples Exit Planning to Increase Value, June 11th

Join Terry Shepherd of ROCG and Chris George of George & Company for a discussion on how to properly plan for your exit/transition out of your business, maximize your exit value, ensure the business remains sustainable through the exit/transition, and review the options that are available to you.

The skills you've used to build your business are completely different than the ones you'll need to successfully transition it, whether you intend an internal transfer or to sell for the highest dollar. If you want to be able to enjoy the retirement you've worked so hard to earn, you must plan.

At this seminar you'll learn about how to ask and answer a series of key questions that will help you build a solid exit plan. You'll also learn why transition planning is so critical to your success, and...

  • How you have the power to increase the value of your business to meet your personal lifestyle objectives before you put it up for sale
  • How to avoid being one of the 6 out of 10 business owners whose exit is unsuccessful

Some critical facts that will affect how well you transition your business:

  • There are 12 million "Baby Boomer" business owners heading for the exit in the next decade and the generation behind them has 10 million less people, meaning there will be many more sellers than buyers
  • Only 1 out of 10 businesses that go up for sale actually sell, and 6 out of 10 business exits/transitions are considered unsuccessful – where the seller failed to achieve their objectives
  • Only 33% of first generation business transfers succeed
  • The minimum planning cycle for preparing your business for a successful transition or sale is 2-5 years
  • Unprepared for the transition, depression hits over 60% of all retirees within the first three years of stepping out of their business

If you are thinking of exiting your business in the next 2 to 5 years...the time to start preparing is now! To register to attend the seminar as our guest, please follow the link https://events.r20.constantcontact.com/register/eventReg?oeidk=a07eb1a6ao7198ea163&oseq=&c=&ch= or contact Jenn Moore at jenn.moore@rocg.com or call her at 617-412-4640.

 

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