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Selling or succession planning? How to exit successfully

Summary

As a response to COVID-19 this Business Victoria workshop will not be delivered face to face but rather by Zoom online delivery. It is also free of charge. It takes just as much planning to exit your business as it did to get started. You owe it to yourself – and all your hard work – to make sure this last big decision is a success. Whether you’re selling or setting up for succession, find out how to get yourself prepared for your next steps at this essential workshop that will put you in control of how, and when, you move on. PLEASE NOTE: This workshop is specifically tailored for Victorian businesses.

Details

You’ve put years into building and growing your own business, now find out how to maximise the value of your efforts so you can move on without looking back. Whether handing the reins over to family, the next generation or looking to sell, this short, practical workshop will take you through the best strategies, tools and models to plan your exit. Learn from case studies and business experts who’ve already made successful exits of their own. Learn how to evaluate your personal versus business situation, the options available to you and what to consider when deciding between succession and exit planning - whether to sell or transfer, do it yourself or use a broker. More than 50 per cent of owners expect to fund their retirement from the proceeds of selling what for many is their primary asset. Don’t add your name to the more than 45 per cent who have no business or succession plan in place. Get ahead of your competitors and create a process to get started on your exit plan. Learn how to improve the perceived value of your business in the eyes of potential buyers and how to put steps in place to set up new owners for continued success. Come away armed with practical tools, templates and check lists, expert tips and advice. Learn how to: • Assess key factors that influence business exit opportunities • Identify when you should start planning your exit strategy • Use proven valuation techniques • Increase the value of your business • Determine the best options for selling your business • Evaluate your own options • Identify potential successors • Map out your next steps • Access ongoing advice, support and resources. PLEASE NOTE: This workshop is only available for Victorian small businesses and residents.

Session Times

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Contact Information

5950 1446
business@mornpen.vic.gov.au
Sally/Shalyce/Karen

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