(54a) Your Startup Is a Success -- Now What???

Mike Skwronek               

There are a few universal truths in business life. This is one: You will leave your business someday – you just don’t know when. There is only one way an owner can do so successfully. You must create and exit plan as early as possible and stick to that plan as long as you remain in business. Mike Skowronek is a business consultant, Accredited Valuation Analyst (AVA) and Certified Exit Planner (CExP™) who designs exit plans for business owners. The planning process includes coordination with the business owner’s other advisors including attorneys, CPAs, investment advisors and insurance professionals to insure that all critical issues are addressed. He will review a proven Seven Step Process™ that combines several elements into a comprehensive written plan including:

• Setting Exit Objectives
• Business and Personal Financial Resources
• Maximizing and Protecting Business Value
• Ownership Transfers to Third Parties
• Ownership Transfers to Insiders
• Business Continuation
• Personal Wealth and Estate Planning

His presentation is designed to make business owners aware of the need for effective planning and the opportunities for a successful exit that proper planning can create.