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.}

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.

Workshop Highlights:

Learn the importance of an exit plan, even if you think you aren’t ready yet
Gain insights on your own situation by examining case studies of successful exits
Understand how to think like a buyer when you are selling
Examine your leadership style and how it impacts your company’s success
Prioritize who should buy your business: Outsiders? Insiders? Family?
Explore the most successful strategies you can use to accomplish your desired exit
Learn to address the Triple Bottom Line

Contact: Mitchell Tublin • This e-mail address is being protected from spambots. You need JavaScript enabled to view it • 203-561-2955