Business Advisory Group Hosts “Getting Ready for the Sale of a Business” Dec. 6, 2016

December 2, 2016

The Business Advisory Group hosted the seminar “Getting Ready for the Sale of a Business” on Tuesday, December 6, 2016 from 8:00-10:00 am at the offices of Hamburg, Rubin, Mullin, Maxwell & Lupin (375 Morris Road, Lansdale, PA).

When selling a business, the owners should have realistic expectations of what the transaction involves. Even more importantly, the owners should prepare ahead of time to maximize the business’ appeal to buyers. The speakers for the discussion were attorneys Jon Samel and Andrew Grau, with special guest Andrew Wilusz, Director of Mergers and Acquisitions at Value Management Inc.

 

Questions Every Business Must Ask

Q. Has your business recently reviewed its legal structure to determine whether it is set up in the most advantageous manner for legal and tax purposes, considering recent developments and changes in the law?

Q. Do the owners of your business have a current, updated buy-sell agreement which controls how ownership interests in the business are to be transferred in the event of an owner’s death, disability or termination of employment?

Q. Have the owners of your business developed a succession plan to define how ownership and authority will transition upon the death or retirement of the present owners?

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