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Exiting Your Business – Mass Mutual 3-Part Series
August 21, 2021 @ 9:00 am - 1:00 pm
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This training event is hosted by Northern Nevada SCORE.
The statistics on businesses surviving through multiple generations is staggering. The good news is business owners can buck these trends with proper planning. This 3-part series workshop, developed by MassMutual and SCORE, will help you plan for the next stage for your business, for yourself and for generations to come.
Part 1: Succession Planning helps entrepreneurs understand the steps in planning for the eventual transfer of the business, including:
- knowing the value of the business
- choosing and preparing the appropriate successor
- having it all in writing
At the end of this workshop session, clients should be prepared for a variety of business exit strategies – both voluntary and involuntary.
Part 2: Once clients have determined the next steps for their business and their business’ worth, they can start focusing on the next steps in their own lives.
In this workshop session, we will discuss issues that arise with having your business be your retirement plan, and other options to save and provide for your retirement.
Part 3: Ultimately, this workshop will culminate in discussing multiple future planning scenarios, including:
- the difference between estate reduction, liquidity and equalization
- the planning documents needed to leave a lasting legacy.
It is never too early to start planning ahead!
There is a $15 fee for this event.
Details
- Date:
- August 21, 2021
- Time:
-
9:00 am - 1:00 pm
- Event Category:
- Buying or Selling a Business
- Registration website:
- https://score.tfaforms.net/17?EventID=a105a000006v4Cp&origination=https://northernnevada.score.org/content/take-workshop-83&_gl=1*fkp6e7*_ga*MTIxMTE1NDM1Ni4xNjI2MTkyNTEz*_ga_JDKRHEG2B3*MTYyNjQ1NjIyOC45LjEuMTYyNjQ1ODE1NC4w&_ga=2.177945701.1711110953.1626192513-1211154356.1626192513
Organizer
- SCORE Northern NV
- Phone
- (844) 232-7227
- scorennv@gmail.com
- View Organizer Website
Venue
- Innevation Center
-
450 Sinclair Street
Reno, NV 89501 United States + Google Map