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Workshop

NOVEMBER 25, 2021 | BUSINESS OWNERS WORKSHOP (ADD-ON OPTIONAL)
 
Masterclass Workshop – A Deeper Dive

(add-on, half day workshop for entrepreneurs) 

“How to Maximize The Selling Price of Your Business and Protect Yourself In The Process” 

A not-to-be-missed educational workshop for business owners who are serious about maximizing the proceeds of an eventual sale. 

In this two-part, half-day workshop we’ll take a deep dive into operational and financial engineering that can take years to execute – guaranteed to increase the value of your business and improve the probability of finding buyers when the time is right.  We’ll show you which areas of your business buyers value most (and why), and explain how to manage personal and corporate risk. 

(Only 50 seats available. Business owners only. Workshop is an additional charge.) 

Workshop Leaders:
Jim Crooks, Managing Director & Partner, PwC
Calle Johnson, Partner & Managing Director, Corporate Finance, PwC
Grant Foster, Partner, Fasken
Samuel Li, Partner, Fasken
8:00AM - 8:30AM
 
Continental Breakfast
8:30AM – 9:15AM
 
Creating & Working Through the Transition Checklist

The secret to succession planning success is to be ready to sell, even if your business is not for sale. By being proactive, you’ll maximize the value of your business when the time, buyer and terms are right.  Selling or otherwise exiting a business is, by far, the most complex transaction that most entrepreneurs will ever undertake.  Detailed planning is instrumental and ideally begins long before any decision to sell.  Starting your transition checklist is key to the end result.  

Some general key points to include: 

  • Define overarching goals – Self-assessment of primary reasons for transition: When is the right time to transition or otherwise exit? 
  • Plan for successors 
  • Explore tax opportunities and maximize retirement income 
  • Effectively communicate your succession plan 
  • Build a contingency plan 
9:15AM – 10:00AM
 
Value Creation for your Business
  • Value assessment: What is your company worth? Common methods of assessing value will be addressed.
  • Operational and financial bootcamp.  What areas of your business should you focus on to increase value + surprising areas of your business that can destroy value.
  • What buyers are looking for and why some businesses are considerably more attractive than other businesses.
  • The competitive sale process: Learn how a competitive sale process works, and why it is the best way to maximize price and terms of an eventual sale.

10:00AM – 10:30AM
 
Refreshment Break – Network With Other Business Owners
10:30AM – 11:15AM 
 
Do I need an Exit Team and Why?

The successful sale of a business involves many moving parts, making it the largest and possibly most complicated transaction of your life. You can’t do this alone. You will need a team of professionals to help you successfully sell your company. The right team will get you the best price, terms and most importantly, ensure that the transaction closes. 

After attending this workshop, you will understand what the ideal exit team looks like and how to select the best advisors for your business. You’ll also learn what your exit team will cost and how they’ll be paid. 

11:15AM – 12:00 PM
 
The Due Diligence Process & Why Sellers Should Care

While the idea of providing unfettered access to the confidential information pertaining to your business may sound scary, it is standard operating procedure when it comes to transitioning your business to an outsider. Learn about ways to maintain control of process without impeding success. While you may only go through the process with a buyer who you believe is qualified and fully committed to completion, many deals collapse at the due diligence stage. Buyers and their advisors will be on the lookout for red flags and trouble spots. This is your opportunity to learn about common “deal breakers” so that you and your advisors can prepare for them and maintain momentum during this crucial phase.

Program, Schedule, and Speakers Subject to Change Without Notice