What Really Happens When You Sell Your Business – Planning Realities, Pitfalls and Success
Selling your business is not a quick or easy process. Understanding the process, the time involved and the information required can help business owners endure the journey and achieve the best outcome for their business.
This presentation will cover planning for the sale of your business from an accounting and finance perspective. In this session, you will learn about preparing the business for sale, the due diligence process and we will provide examples of hurdles that owners must overcome and what can go wrong. Finally, this session will discuss the closing process and what happens post-closing.
Randy Miller, Consulting CFO, RMM Accounting
After over 20 years as a Senior Financial Officer with both family-owned and private equity companies, Randy has been working as a contract CFO for companies in transition – high-growth, generational change, and restructuring/turnaround situations. Randy’s industry experience includes Retail, Financial Services, Business Services, Internet and Telecommunications, Advertising and IT Asset Disposal. He has been part of the start-up team at several companies and has also worked with Trustees as part of turnaround efforts for Chapter 11 companies. Randy graduated from the University of Southern California Marshall School of Business.
David Miller, Business Consultant, Partner with B2B CFO
As an experienced CFO and business/investment manager, David contracts with business owners on an as-needed basis, helping them get a grip on the financial side of their businesses and working with them on strategies that increase the long term value of their businesses and their personal wealth. In the event of a business transition he helps business owners groom and position their companies for sale. His industry experience includes international shipping, apparel manufacturing, automotive, real estate, alternative energy and business services. David graduated in Commerce and Economics from the University of Queensland and is a member of CPA Australia.