Exit Strategies and Preparing Your Business For Sale

For everyone that starts a business there is the eventuality of their getting out of the business. You have several options; transition the business to a family member; sell the business to an outside party; sell the business to your employees; close the business.

Of the four, the last will most likely be where you will lose. There is a lot to consider and the start of the transition should not be made by you waking up one morning and saying ‘I want out of the business immediately.’ Join this webinar as we invite Tom Shay to interview six experts that will give you insight into what you should be aware of and consider before you make the big decision.

No cost

Presenter: Tom Shay is a fourth-generation small business owner. His experience is that as an independent retailer, wholesaler, and manufacturer. Recognized for the unique approach to human resources utilized in a family business, Shay was asked if he could share the techniques in a book to be published by a national trade association. Shay’s areas of expertise are financial understanding, business strategy, marketing skills, staff education and sales. He has created over 50 topics in business management including one on business management after the Covid-19 virus which was recently delivered to the Houston SBDC.