Family Business Matters
With over 235 family and privately-held businesses, the University of Toledo Family Business Center offers benefits that include access to local, regional, and nationally recognized business experts and affiliates. This podcast highlights this expertise on a variety of business and family-business-related topics -- enjoy!
Family Business Matters
Exit Strategies
•
UToledo Family Business Center
Within the next 10 years, 80% of business owners plan to exit their business; yet only 17% have a written plan in place.
Exit planning is not just a plan. It is a strategy that evolves and adapts over time, and should be developed well before the exit occurs. That way the business can be transitioned on the owner’s terms, when they are ready. If you don’t have a plan in place, need a refresher, or have specific questions about your own exit plan, please join the UToledo Family Business Center and Fifth Third Bank at this Webinar covering all aspects of exit strategies, including:
- Short-term, regularly updated contingency plans
- Development of an exit strategy
- Consideration of inside & outside parties to succession, such as partners, key employees, family, private equity, and others
- Financing Options
- SBA - 504 and 7(a) structures
- ESOP’s