Venue
Hotel Ibis
Hotel Ibis, Danestrete, Stevenage SG1 1EJ, UK

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Event Date Tue May 14 CEST (over 5 years ago)
In your timezone (EST): Tue May 14 1:45am - Tue May 14 3:10am
Location Hotel Ibis
Danestrete, Stevenage SG1 1EJ, UK
Region EMEA
Details

This session will enhance your knowledge and help you to provide solutions to important areas that business owners need assistance with, such as succession planning, exit strategies, individual business strategies and maximising balance sheets.

Learning Objectives:
• Identify the methods by which a business owner may exit the business (eg sell to a trade competitor, sell to staff or a co-shareholder, sell/gift to family next generation, die 'at a ripe old age', die prematurely, unable to work through serious injury or illness)
• For each of the above methods, consider the effect on the business, the effect on the exiting business owner and what pre-exit financial planning should be done.
• Identify how a business owner can secure 'Financial Independence' from the business without exiting the business (eg maximise the personal balance sheet as well as the business balance sheet).
• Understand the business owner’s strategy for the business and how this impacts on the above (eg (a) strategy to maximise profits and cash, (b) strategy to maximise extractions from the business, (c) hybrid).