7:00AM – 7:30AM

Reception, Breakfast and Networking

7:30AM – 7:45AM

Welcome and Introductions

7:45AM – 8:30AM

Identifying and Protecting the Value of Your Business

Understand why identifying the value of the business is so important at the beginning of the planning process.

• Learn about using Business and Personal Assessments to identify gaps, issues, opportunities, and what is and is not important to the businesses and business owner(s).
• Associate the reasons for identifying all of the business owner’s assets, which is so important to planning for the business exit and overall future.
• Recognize your current business and personal risk levels through a discussion of insurance, contingency planning , and business continuity risk exists in the business and the personal lives of the business owner(s).

Presenters:

Joe Strazzeri
The Founders Group

John Benum
Capital Group

Heath Goldman
Icon Wealth & Legacy Advisors

8:30AM – 9:15AM

Building Value for the Business and the Business Owners(s) Family

This session will focus on discussing the personal planning and business improvements that should be made in the family and to the business to increase the enterprise value, making the business more marketable and providing the tools for the family to achieve success or their family’s desires and aspirations.

Presenters:

Fran Lotery
Fran Lotery, PhD

Julie Pantasitas
J. Power Consulting

9:15AM – 9:30AM

Break

9:30AM – 10:15AM

Preparation for the Transfer of Value – Legal, Financial, and Personal Factors to Consider

Tools that should be addressed in the planning process may include:

• Development of audited financials and pro forma projections;
• Performing a benchmark valuation to compare to the baseline valuation:
• Legal review of contracts, corporate documents, IP, etc.;
• Preparation for the business and legal due diligence phase; and
• Estate, Tax and Charitable Planning Options for the business owners.

Presenters:

Rob Strauss
Weinstock Manion

Craig Weaver
Squar Milner

Baruch Littman
Jewish Community Foundation

10:15AM – 11:00AM

Business Exit/Transition

• Examine the internal and external exit strategies and the pros and cons of each option.
• Create and implement the business transition plan.
• Hurdles and obstacles to watch out for that can derail the transition of the business.
• Discuss life post transition and the reasons this needs to be planned for well in advance of the business transition.

Presenters:

David Herman
Diamond Capital Advisors

Alan Spatz
Troy Gould

Kevin Sierzant
BNY Mellon