SUCCESSION PLANNING WEBINAR

This course is for Westmeath Businesses. Businesses who book on who are not based in Westmeath may be removed if the place is required by a Westmeath-based business

This thought provoking course is designed for business owners to understand and plan for their succession/exit: whether that be selling it or passing it to the next generation of family or management.

The course will help participants prepare for succession through maximising the value of the business, tax planning, and putting in the structures and systems to ease the transition

This course will take place online over 3 dates and will cover the following: 

Module 1: Main exit and succession options

Overview of main exit planning options, including:

• Trade sale
• MBO
• MBI
• Family owned and managed
• Family owned and managed by non-family members

Module 2: Understanding what makes a company valuable

This module is provide an understanding of what the key drivers in terms of determining a company’s value:

• Historic performance
• Growth potential
• Future profitability (Sustainable competitive advantage and industry trends)
• What assets come with it
• Quality of staff

Module 3: Preparing for the Sale or Transfer

• Presenting the company and performance
• Having the right information systems in place that provides surety to the information provided.
• Developing the management team and staff for succession
• Tax planning
• Recap of main points

Date: 5th, 12th & 19th October 2023

Time: 10am - 12pm

Venue: Online