Business owners who fail to understand that leaving their business is inevitable and to consider that in their thinking and planning in their business will likely suffer as a result. Our panel will discuss their personal experience handing off and selling their business. They will also examine the legal, accounting and organizational options that a business owner can leverage to make the experience achieve their long term goals for the business they have created. So whether you are in this place due to the pandemic, retirement or simply time to move on there is much to learn in this webinar.
The webinar will answer your questions on topics like:
- Cleaning up the business - preparing for the sale
- Setting the price – what is it worth?
- Sell, transfer ownership or close the door?
- Sell on your own or get a broker – what does a broker offer?
- When is bankruptcy the answer? The new Chapter 11 option
- Are there tax considerations for various options?
- Can I shut down for a while to ride out the storm?
Ernie Barbaris - Was President and CEO of a home goods product company with direct sales to consumers. Previously practiced business related law for large corporations, small businesses, real estate development and taxation. Expertise in growing businesses, sales and recruiting.
Ken Coughlin – An attorney in private practice with a wide range of litigation, commercial, transactional, corporate and administrative law experience. Teaches business law. Prior experience as a trial lawyer and in-house counsel.
Ken Springer - Started, and is currently chairman of a business services firm, following a career with the FBI. Expertise in business plans, SBA loans, sales, branding, public speaking, writing, public relations, and the constantly changing technology landscape.
Curt Springstead - Extensive experience optimizing business processes, leveraging technology to improve customer service, reduce costs and increase sales. Has helped develop multiple businesses with reduced cost and risk using Lean startup methods. SCORE clients have included many different types - consultants/service providers, web apps and software, inventors and non-profits.