SHIFTING FROM OPERATIONS TO PREPARING FOR A SALE OF THE BUSINESS TO CREATING LIFE'S NEXT CHAPTER
Two business owners, valuation advisor and their business broker share the process of getting a valuation, implementing measures needed to optimize the value of the business, shifting to advisors suited to prepare for a sale and preparing to move to new lives so they don’t step out into a vacuum.
Gail a full perspective of the continuum from owning and running a business, to seeing it differently as it is prepared for sale, to defining and preparing one’s future to be stepped into.
- Learn how they saw and implemented the building of revenue and overall value of the business with a more distant eye toward selling it someday in the future.
- Find out the role personal retirement/next chapter planning of each of the individual owners played a role in their momentum toward increasing the value of the business.
- Understand the shift in managing personnel, business development, and reconfiguring their business advisory team as the selling of the business came into immediate, full focus.
About the Presenters:
Learn from industry experts, Ray Thompson and Curt Stahl, Co-Owners, Images by Lighting and Melisa Silverman, Valuation Expert, Avenue M Advisors, Inc.
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EXIT PLANNING IS GOOD BUSINESS STRATEGY
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Meet Melisa Silverman:
Melisa Silverman is the Managing Partner of The Founders Group, a national company focused on providing business succession and transition services for closely held companies using a holistic and collaborative process that interferes the least in a business, yields business results increasing cash flow, profits and business value and frees up time for the business owner.
Melisa is also the President of Avenue M® Advisors, Inc., a national, business valuation services company. Avenue M provides business valuations for both successful families implementing wealth transfers and business owners planning for growth, regulatory compliance, litigation, acquisition, taxation and transition strategies. She also consults with companies to help them build financial projections, perform operational assessments, financial and process improvements, sales and marketing support, due diligence and much more.
Meet Curt Stahl:
Stan Stahl is the Co-Owner of Images by Lighting which was started in 1994. Stan came on as a salesperson selling event services that ranged from décor, floral, location scouting to complete event production. The special events industry was fairly new and there were many possibilities.
With Co-Owner Ray Thompson, who started the Company in 1982, they decided to restructure the company to specialize in lighting which was and always has been their passion.
The Company is a multiple award-winning full-service lighting production company with a stellar reputation that attracts high-profile events and producers.
We currently employ 15 full-time staff and can scale up to 50 contracted lighting technicians when needed. Roughly we do lighting for between eight and 15 events a week ranging from weddings to corporate events. Many are produced for big names in the tech, entertainment, and social worlds.
Meet Ray Thompson:
Ray Thompson is the Co-Owner and Professional Event Lighting Designer at Images by Lighting. Ray provides lighting for stage productions, movie premieres, corporate events, parties, weddings, Bat/Bar Mitzvahs and other business and social events.
Specialties: Add lighting to your event! What a difference lighting makes.
At Images by Lighting experienced, creative design pros provide innovative concepts for every event desiring lighting. Ray’s unique approach brings events to a new level of technology and sophistication with streamline project management.