Facts on Exit Planning

Almost 50% have no plan to transfer ownership, management and control, and the percentage is even higher for companies that have been in business for less than 20 years
Nearly 60% of closely held companies have failed to gauge the potential tax exposure upon a transfer of ownership
25% are due to change hands within the next 5 years
About 90% of owners of closely held companies would like to transfer ownership, management and control of their companies to family or non-family key employees. Less than 50% manage to do so
Only 33% have defined criteria for hiring and promoting family members who want to take an active role in the business
Over 33% of closely held companies have no procedures in place for dealing with disputes between family member owners

^{1The statistics provided above have been derived from a variety of surveys of closely held business owners including: the PricewaterhouseCoopers 2007-2008 survey of nearly 1,500 closely held companies; the 2007 survey of 800 closely held businesses by the University of Connecticut School of Business Administration Survey; and the 2003 Arthur Andersen/Mass Mutual American Family Business Survey.}

Latest News

Venture Exit Partners, LLC announces the addition of Mitch Tublin as a Regional Partner in Stamford, CT.

For_Immediate_Release: September 21, 2009 --

Harrisburg, Pennsylvania--Venture Exit Partners, LLC announces the addition of Mitch Tublin as a Regional Partner in Stamford, CT.

Gregory S. Chelap, Managing Director of Venture Exit Partners, LLC issued the following statements:

"We bring together highly knowledgeable and ethical professionals from a variety of disciplines, who are dedicated to helping business owners and their advisors plan and execute the transfer of ownership, management and control. What sets us apart is our process which aligns the efforts of a company's directors, employees and advisors with the owners' objectives. We start by helping owners clarify their exit objectives and identify key drivers of the company's value. Then, we deliver results by designing strategies to build value and reduce the risks involved when transferring ownership, management and control. We are very excited about the addition of Mitch Tublin to our planning team."

Mitch is President and Founder of Strategic Alliance Group LLC (DBA Leadership Management Institute) established in 2003 as a Franchise Partner of Leadership Management Inc. (LMI) based in Stamford, CT.

Mitch developed a successful consulting practice specializing in strategic planning, organizational development and leadership management training for companies in diverse industries. Lead sales/marketing activities and the entire client engagement cycle, from defining scope of work and negotiating fees, to providing services and producing deliverables. Work directly with CEOs, Presidents, and business owners, and conduct individual personal and executive coaching in a confidential environment; also conduct seminars and training sessions for groups of eight to ten individuals.

Mitch is a Master Facilitator and a Certified Personal and Executive Coach from the College of Executive Coaching. He has a MBA from Hofstra University and a B.S. from the United States Merchant Marine Academy.

Upon graduation from the USMMA, he began a career working aboard U.S. Flag tankers as a Deck Officer on deep sea routes throughout the world. During this ten year period attained a USCG Unlimited Master's License. He served in the U,S, Naval Reserve for ten years.

With the knowledge and experience gained from actively working aboard tankers for ten years he was able to secure a position in the Petroleum Trading and Refining business. Mitch held a variety of Executive and Management positions at Phibro Energy (Salomon Brothers), Goldman Sachs and Tosco Corporation.

Mitch is currently writing two books. He is a regular contributor to The Stamford Business Outlook and is currently creating two new business projects.

About Venture Exit Partners

Venture Exit Partners, LLC provides business exit planning advice to the owners and senior level executives of closely held companies located throughout the United States and Canada.

business exit planning , Stamford , CT , New York , Northeast , Leadership Management Institute

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For more information:

203-561-2955

Visit our website: http://www.VentureExitPartners.com

How to Position Your Business
For a Successful Exit in the New Economy

Two Dates: November 10^th, 2009 – 3:00-4:30pm

November 11^th, 2009 – 8:00-9:30am

Location: The Soundview Club, Stamford, CT
The Stamford Marriott Hotel and Spa

(Free parking for attendees with validation)

For: CEOs of Middle-Market Companies

Speakers: Gregory S. Chelap, Esq., Venture Exit Partners
Kent E. Frese, Venture Exit Partners
Mitchell Tublin, Leadership Management Institute

The Benefits for You:

Devising a business exit is a major undertaking for business owners and their professional advisors. The most successful exits are planned in advance and follow a proven process. Recent events have changed the game and it is important that you understand your options in the new economy.

VEP Announces Partner in California

Venture Exit Partners, LLC Names New Regional Partner

Harrisburg, Pennsylvania--June 17, 2009--Venture Exit Partners, LLC announced today the addition of Michael P. Ford, Ph.D. as a Regional Partner in San Francisco, California.

VEP Announces Partner in Indianapolis Indiana

Venture Exit Partners, LLC Names New Regional Partner

Harrisburg, Pennsylvania--June 3, 2009--Venture Exit Partners, LLC announced today the addition of Dan Diagostino as a Regional Partner in Indianapolis, Indiana.

VEP Announces Partner in Columbus Ohio

Venture Exit Partners, LLC Names New Regional Partner

Harrisburg, Pennsylvania--June 5, 2009--Venture Exit Partners, LLC announced today the addition of Michael Diercks as a Regional Partner in Columbus, Ohio.

VEP Announces Partner in Mid-Atlantic Region

Venture Exit Partners, LLC Names New Regional Partner

Harrisburg, Pennsylvania--May 29th, 2009--Venture Exit Partners, LLC announced today the addition of Atlantic Leadership Group as a Regional Partner in the Washington, DC to New York City corridor.

VEP announces partner in Northeast Region

Venture Exit Partners, LLC Names New Regional Partner

Harrisburg, Pennsylvania--May 29th, 2009--Venture Exit Partners, LLC announced today the addition of Leadership Management Institute as a Regional Partner in Burlington, VT.