As part of its ongoing mission to provide best practices and ideas with leaders and entrepreneurs, Brain Trust Seminars, a Div. of The Brain Trust, also sponsors learning events:
Brain Trust Seminars Presents:
Exit Planning ....The Super Bowl of Your Life ... will you be ready
If you're thinking about selling or transferring your business, this seminar is definitely for you .... and even if you don't plan to exit your business for years, there are many eye opening reasons to consider the benefits of this important event now......
Most business owners are surprised to find out that it takes an average of 5 years to exit a business: 1 year to assemble your team of advisors and prepare the offering document; 1 year to sell the business; and 2-3 years staying in the company to assist in the "orderly transition of the business". Translation: If you want to be out in less than 10 years, you better start thinking about it now.
For the Entrepreneur, there are three certainties in life:
You're going to leave your business
You're going to pay taxes
You're going to die
Some day, would you like to leave your business with the largest possible return, pay the least amount of taxes and die with a huge smile on your face?
Even if you do not intend to sell your business for years, this seminar is going to show you that if you start planning now, you can accomplish that and more.
Fast forward yourself to the day you decide it's time to sell or transfer your business. Consider that:
- There are 25 mistakes to avoid that will reduce the value of your business.
- There are 22 things you can do that will increase the value of your business.
...... and if I told you that knowing those things will not only increase your eventual pay day substantially, but will also increase the profitability of your company this year and next year and the year after that, would that be of interest to you right now?
When it comes time to sell your business, did you know that:
There are 8 possible reasons for selling your business. There's only one RIGHT reason ..... If you give the buyer any of the other 7 reasons, he will discount the deal.
There are 6 specific things you can do to get the highest price for your business. If you don't do them all, you're going to leave money on the table.
There are 16 different reasons deals don't happen. You've heard the horror stories. Any one of these issues can kill your deal. Learn from experts what they are and how to avoid them.
There are many other ways to increase the Value of your Company - If you do all the things in this section of the seminar, you will increase the value of your business by as much as 50-100%.
The buyer has a distinct advantage over you ...... he has done this before. Learn everything you need to know to level the playing field.
In the world of business, there is a huge misconception about what an exit plan is. When most business owners are asked what their exit plan is, they say something like, "I'm going to sell to a competitor ..... or go public ...... or turn it over to my kids." That's 1% of what an Exit Plan is, and once you understand the full Exit Planning concept and its benefits, you will decide to develop your exit plan NOW.
For more information about this seminar, click HERE
