Dec. 12, 2017, Webinar: Ownership Succession Planning
Date: December 12, 2017
Over the next decade, the construction industry will undergo an historic transfer of ownership as retiring baby boomers seek to exit their businesses and find new owners. All too often, owners underestimate the challenge of ownership transition and fail to establish an effective plan. Many owners believe that they can simply sell the business when they are ready to retire. In reality, not all construction companies possess the attributes that enable an outright sale. In fact, less than 10 percent of ownership transitions in the construction industry are outright sales. The vast majority of transitions are accomplished by transferring ownership to family members, key managers or employees. As a consequence these transitions take many years to accomplish as family members, management and employees typically may not have the financial resources to acquire the business outright. In this webinar, Stephen Bonebrake, Maxim Consulting Group, will explore the array of options that owners have to facilitate an ownership transition. Participants will learn what situations lend themselves to an outright sale versus a sale to key managers, family members or an Employee Stock Option Plan.
This live, 90-minute webinar starts at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time. Your registration allows access with one internet connection and one telephone line. Project the webinar on a screen or wall and listen to it on a speakerphone for a group training event at your office! After the program, you'll receive instructions to download a copy of the presentation to view as a video-on-demand, whenever and as many times as you'd like. You will also receive a printable ASA Certificate of Completion.
Presenter: Stephen Bonebrake, Maxim Consulting Group
Registration Fee: $99 for ASA members / $179 for nonmembers
Please note: If you are registering someone else for this webinar using their ASA account, instructions for completing this registration and reminder emails will be sent to the email address on account for that individual.