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Preparing for Business Succession Seminar

(October 2, 2018) North Greenville University’s Leadership and Professional Development Department will offer a seminar for business owners who are at or near retirement to develop a good succession plan for continued prosperity for both the company and the owner. This seminar will focus on the factors to consider and practical steps to planning your business succession.

The seminar moderator will be Mike Miller, CEO and owner of PlanFIRST, Inc., an asset management and financial planning firm in Greenville, SC. Presenters will be Hagen Rogers, executive managing director, Watermark Advisors; Dr. Jon Hagen, president, Grace Harbor Ministries; and Jeremy S. Weaver, an advisor at PlanFIRST.

Topics to be covered are: emotionally preparing for succession, defining goals and a timeline, choosing your target buyer, pros and cons: internal vs. external succession, family succession issues, business valuation, preparing company records, developing “goodwill” that is saleable, tax considerations in a succession deal, what are you selling? Stocks vs. assets, and sale vs. installment sale vs. merger.

The seminar cost is $299 and will be held on Thursday, Nov. 1 from 8:30am until noon at NGU’s Tim Brashier Campus located at 405 Lancaster Avenue in Greer. 

For more information, or to register for any of NGU’s fall professional development seminars, please visit https://www.ngu.edu/pd-events.php.


         

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