Exit Strategies/Succession Planning for Business Owners
Many business owners have not explored ownership transition alternatives or planned an exit strategy. This is very important, especially for owners who may be considering selling or otherwise transferring ownership of their business in the next five years.
On Wednesday, June 12 from noon to 1 p.m. at the Chamber office, join Lavelle Law attorneys Steven Migala and David O’Leary for an informative discussion on the various strategies available, the interaction of these strategies with the owners’ personal goals and estate plan, and the issues that need to be considered when implementing an effective strategy. There will be a special discussion on the use of employee stock ownership plans (ESOPs) as a succession planning strategy.
Open to all business, please register at ElginChamber.com to reserve your seat and sandwich!