Harris Construction Breakfast Series: What’s Your Exit Plan? Strategies in Business Succession Planning

Your hard work over the years had paid off and now you have a Company that is strong, has valuable employees and at some point you will want to retire. Many business owners do not think about ownership succession until they are ready to retire. This is a mistake. Transferring ownership of the business takes time and strategic planning. If you or one of your key partners is within 10 years of retiring, the time to start planning is now.

In this breakfast seminar, Robert Shappee will explore your options and the tax ramifications so you can make the best decisions now and start planning ahead. We will cover strategies such as creating an ESOP, selling to a third party, and selling to a key employee or family member. Breakfast and 1 credit of CPE will be provided.

The deadline to register is December 11th. 

Prerequisites:
This is a group-live program at the Basic level. No prerequisites or advanced preparation required.

Upon completing this course, you will be able to:

• Recognize how to identify basis in a business.
• Identify tax rules pertaining to family business succession.
• Select components of buy-sell agreements.
• Cite techniques for transferring businesses to the next generation.

CPE Credit:

This is a 60 minute course that earns 1 CPE credit.