Twin Cities Metro Area
CHAPTER
The Twin Cities Chapter of the Exit Planning Institute is a group of local advisors dedicated to changing the outcome for middle market owners looking to grow, transition, or exit their businesses.
Chapter Purpose: The purpose of the EPI Twin Cities Chapter is to create a forum where the local community of professional advisors can collaborate to address unique needs of the local community; develop educational programs for business owners and professional advisors to build awareness and better prepare an owner for the successful exit of their business; develop, encourage and foster the adoption of best practices for the exit planning profession; and promote the common business interests of those business advisors engaged in the profession of exit planning.
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2017 Twin Cities Metro Area State of Owner Readiness™
Recent studies show that 66% of the current American business market is owned by Baby Boomers, who are set to transition over the next zero to ten years. Statistics also show that only 20% – 30% of businesses that go to market actually sell; leaving up to 80% of those without solid options to harvest their wealth and ensure economic continuity into the next generation. An owner who is “ready” with an attractive business greatly increases the odds that the business will survive a transition of hands. The question is, how ready is the local Twin Cities marketplace to succeed?
Upcoming Chapter Events
The 5 D's and Continuity Planning
Knowing how and when to start the process of transition is difficult. A plan needs to be in place at least to deal with the five D’s that most often derail a business or cause it to fail outright.
Main Street Business Brokerage vs. M&A Advisory Services
Businesses are brought to market utilizing different methodologies. Sellers and their advisors need to understand what’s available and what will produce the greatest return for their clients
EPI Twin Cities Metro Area Summer Lawn Bowling Social
Join us at Brookview in Golden Valley for Lawn Bowling on July 13th for a jam-packed afternoon (3:30 – 6:30 pm) if you are longing for some IN-PERSON fun!
How to: De-Risking a Business
Any major disruption can have a tremendous effect and impact on their performance in an operation of the business.
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