Business Succession Planning/Preparing your Business for sale - creating value in your business and realising value /Exit planning.

Thursday 26th February

2:00 – 5:00 pm

To achieve your goals during the sale and plan for your business's future, it's essential to have a clear and concise plan. On this course you will gain a practical understanding of what legal formalities are to be considered/what actions need to be taken for a business succession, business exit and preparation for possible sale, creating value in your business and realising value /Exit planning.

 Module Outline:

• Business succession/ legal considerations for transfer

• Aspects to be addressed outside of legal and tax considerations – Having the succession conversation among family or management /employees
• Preparing your business to create long term value- realising the value
• Key steps for selling a business and valuing the business
• Succession Plans
  • Transfer Now –V- Transfer at a later stage- costs/benefits, opportunities
• — Legal Considerations
• Tax Considerations and structures and vehicles including retirement relief, entrepreneurs relief among others
• Collaborative Farming Structures/Farming Companies (may be relevant for some businesses/food etc-)
• Hiring and Employing Staff

• Actions to take to ensure effective succession planning

What do you need?

A laptop/pc/Mac/tablet to take part in the course. You will need to be able to hear sound either through speakers or headphones but you do not need a webcam.  Please note that the larger the screen you use the better the experience will be.

Delivery Methodology:

This workshop is a hands-on, interactive, practical workshop. Each workshop is run in an intensive fashion with participants spending time undertaking interactive ‘action-based learning’ activities/exercises, interactive group discussion, case story examples. They will also be in a dynamic presentation mode, encouraging group interaction and involvement.