Small Business Owners Seminar
GREATER LOWELL CHAMBER ROGG
business exit & transition specialists
Attention Small Business Owners…new trends are affecting the value of your business
Too many business owners don’t put much thought into their eventual transition out of their company, and then run into a variety of unanticipated land mines. Making your business as attractive as possible is critical as all owners are facing a shrinking list of potential buyers and new private Equity players are coming on the scene.
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Wednesday – October 16, 2013
7:45 am – 9:45 am Radisson Hotel and Suites 10 Independence Drive, Chelmsford, MA TO REGISTER Email: Carol Travers at ctravers@greaterlowellchamber.org Or call her at (978) 459-8154 Online: greaterlowellcc.org in the Upcoming Events section |
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* 12 million ‘Baby Boomer’ business owners are heading for the exit in the next decade, meaning there will be more sellers than buyers.
* The minimum planning cycle for preparing your business for a successful transition/sale is 2-5 years. * 60% of business exits are not successful * Only 10% of all businesses that go up for sale actually sell * Unprepared for life after transition, depression hits 60% of all retirees within the first three years of stepping out of their business. |
In this session you will learn successful tactics and strategies that you can put to use tomorrow.
The skills you’ve used to manage and build your business are completely different than the ones you’ll need to manage a successful exit.
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Thomas LeBlanc, CM&AA, CBEM, MBA is a lead consultant with ROCG. Tom has a strong background in finance and operations in technology-based companies. He was also a principal/CEO of three privately held businesses, helping to build and then to manage through three exits. Tom’s areas of expertise include strategic planning, maximizing business enterprise value, and transition/exit planning.
Terence Shepherd, CM&AA, CPA, MST is a Partner with ROCG and has advised small and medium-sized, family owned/closely held businesses for over 30 years. He has helped his clients set strategies, identify and measure critical success factors, lead business owner and management performance meetings. His particular business areas of expertise are in business exit, strategic planning, customer service strategies and team development.
Date and Time
Wednesday Oct 16, 2013
7:45 AM - 9:45 AM EDT
Wednesday, October 16th
7:45 am - 9:45 am
Location
Radisson Hotel & Suites
10 Independence Drive
Chelmsford
