Don't Miss Your Exit: Exit Strategies & Succession Planning for Owners of Small & Medium Businesses

9/7/2012

Don't Miss Your Exit: Exit Strategies & Succession Planning Seminar for Owners of Small & Medium Businesses
A CRASH COURSE SPONSORED BY LOMMEN ABDO TO HELP YOU CHART YOUR COMPANY'S VALUE & MAP OUT WHETHER TO CONVERT YOUR EQUITY INTO CASH OR SAFELY PASS YOUR COMPANY ALONG TO CO-OWNERS OR FAMILY.

THURSDAY, NOVEMBER 8, 2012
Registration & networking from 1:00 to 2:00 p.m.
Seminar runs from 2:00 to 5:00 p.m.
Networking, refreshments & drawings for door prizes to follow!
NO ADMISSION FEE.

ELSIE'S RESTAURANT, BAR & BOWLING CENTER
(A family owned business venue in northeast Minneapolis!)
729 Marshall Street Northeast
Minneapolis, MN 55413
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To register, email your name, business name and phone number to Brad Wicklund at brad@lommen.com or call him at 612-336-9325. For more information, contact Bob Abdo at rabdo@lommen.com or Greg Perleberg at greg@lommen.com.

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PRESENTERS:
  • Bob Abdo, Stacey DeKalb, Tom Dougherty, Greg Perleberg, Karen Schlotthauer and Dan Young, Lommen Abdo Law Firm (lawyers)
  • Sarah Atkins, CavClear (business owner)
  • Sean Hauenstein and Dennis Peterson, Copeland Buhl & Company (accountants)
  • Frank Fuller, Franklin Bank (bank president)
  • Jerry Clark, SealedBid (business intermediary)
  SCHEDULE

1:00-2:00 pm Registration & Networking Hour

2:00-2:05 pm Welcome
Beth Ewen, Upsize Magazine Editor 
 
2:05-3:00 pm Building Value for Sale or Succession 
Moderator: Dan Young
Panel: Tom Dougherty, Stacey DeKalb, Greg Perleberg
  • What Are Your Key Assets & How Do You Protect Them?
  • Choosing Partners Wisely 
  • Capitalization
  • Building a Management Infrastructure 
  • Employees, Consultants & IC: Using Non-Competes, Assignment Clauses & Other Contracts to Protect Your Assets
  • Effective Buy/Sell Agreements . . . And Why You Need Them
  • Securing Your IP Ownership, Managing IP, Protecting Brand Equity Plus Social Media Issues 
  • Real Estate & Facilities Considerations
  • Tax Elections & Entity Conversion Considerations
  • Organic or Strategic Growth Options
  • Q&A
     
3:05-4:00 pm Sale to a Third Party for Maximum Dollars
Moderator: Bob Abdo
Panel: Jerry Clark, Sarah Atkins, Frank Fuller, Dennis Peterson
  • True Enterprise Value - How is it Determined?
  • What Protection Do You Need Before Sharing Confidential Information?
  • Transaction Team - Who & at what cost?
  • The Transaction - Financing Structure
  • Tax Consideration - Purchase or Sale
  • Closing the Deal - Sell-Side & Buy-Side
  • Q&A
     
4:05-5:00 pm Transfer to Co-Owners or Family
Moderator: Tom Dougherty
Panel: Bob Abdo, Sean Hauenstein, Karen Schlotthauer
  • Gifting
  • Family Limited Partnerships
  • Different Classes of Ownership Interests
  • Trusts and Foundations
  • Q&A
     
5:00- Thanks!  Social hour, networking, refreshments!  Drawings for door prizes!
Bob Abdo and Greg Perleberg
  

Lommen Abdo Law Firm logo

 
 Upsize Minnesota Magazine logo  Copeland Buhl & Company logo  Franklin Bank logo  CavClear logo  SealedBid logo