How to Create a Favorable Ending: What Makes a Successful Transition?

NORTH TEXAS CHAPTER EVENT

How to Create a Favorable Ending: What Makes a Successful Transition?


History shows that at least 50% of acquisitions sour after the deal closes. The business may fail to meet financial expectations, there may be a loss of clients or suppliers or there may be disruption within the staff. No ownership change is without its challenges.

There are things a seller and a buyer can do to help minimize these issues. A seller can anticipate and take steps to alleviate some of these challenges before they happen, and a buyer can develop and execute a plan that will address all critical areas of the transition.

Panelists will discuss the things that can be done in the areas of finance, operations, sales and marketing and human resources both before and after closing to maximize the success of the business going forward. Business seller and the business buyer will speak to their personal experiences and lessons learned

LEARNING OBJECTIVES:

  • What can be done prior to an exit that will prepare the business for a successful transition?
  • How to leverage a plan after the purchase to help ensure a successful transition, i.e. how to retain employees during a transition, how to retain customers and ensure customer satisfaction
  • When is the right time to make essential/critical changes to the business post-closing?
  • Happy surprises and disappointments after the deal

 

 

 

 

 

EXIT PLANNING IS GOOD BUSINESS STRATEGY

The EPI Local Chapter is different than other groups because it brings together a diverse group of professionals from a wide range of specialties that can naturally work collaboratively on exit planning, succession planning, value growth, transaction or any engagement from both sides of the equation. The chapter meets regularly to network, reconnect, grow knowledge, and sharpen their skills with a common goal: Change the outcome for transitioning business owners. Make plans to join us for future events and connect with the local leadership by visiting www.EPIDallas.org.

Lee Nester

Lee Nester

Lee Nester, New Life CFO

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Jim Taylor

Jim Taylor

Falcon Steel America

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Chris Goade

Chris Goade

360 Consulting

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Mark Mitford

Mark Mitford

HR Catalyst Consulting

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Tom Bronson

Tom Bronson

Granbury Solutions

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Continuing Education


CEPAs receive 1 CE credit

CFPs receive a certificate for 0 CE credit

CPAs receive a certificate for 0 CPE credit

*Proper documentation must be collected and submitted to qualify for continuing education.

cpe-logo-png-full-colorThe Exit Planning Institute (EPI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website at: www.learningmarketing.org.