This is a FREE event, however registration is required to secure your spot.

As the baby boomer generation embarks on retirement, with over 5,000 Australians turning 65 each week until 2030, a significant number of small business owners are contemplating their exit strategies. Annually, more than 50,000 business owners face the complex process of transitioning out of their businesses, whether through sales, family succession, or other avenues. Alarmingly, over half may encounter unplanned exits due to health issues, personal disputes, or financial challenges.

Effective Business Succession and Exit Planning is not just crucial, it is imperative. It is the key to unlocking your business's true value, harmonising your personal aspirations with your business objectives, and mitigating risks that could obstruct your exit strategy. With a well-thought-out plan, you can gain greater control over the timing of your exit.

After dedicating years to building a successful business, it's essential to ensure that your investment pays off and provides the financial rewards you aimed for. Don't leave your business's future to chance; plan ahead to secure the legacy you have built.

What will you get from this webinar?

Join us for an interactive webinar where we will delve into the essentials of Business Succession and Exit Planning. We will cover the critical aspects of these strategies, exploring the “how”, “when”, and “why” to ensure they align with your business objectives.

Gain a comprehensive understanding of your business's value and the factors that influence it, both internally and externally. You will learn how to craft and execute an effective exit strategy, enabling you to transition smoothly and reap the financial benefits of your dedication and hard work.

Who should attend

Business Owners, CEOs or Senior Management Team

Presenter:

Dr Craig West, Founder & ChairmanSuccession Plus

Craig West is a strategic accountant who has over 25 years of experience advising business owners. His background as a CPA in public practice provided invaluable experience in the key issues of concern to business owners. In this workshop, Succession Plus CEO & Founder, Craig West, will walk business owners and management team through the various strategies to maximise the sale price of your business.

Host:

Shirley Ng, The Australian Industry Group, General Manager - International Competitiveness

Driven by Ai Group’s over 151 years of experience in understanding what makes Australian businesses successful, the Business and Improvement Growth (BIG) Hub is designed to provide businesses with a range of practical business assistance, resources and an extensive network of business consultants to help identify and solve short-term problems.

For more information, please visit: Ai Group BIG Hub

  • Date and time

    Wed, 09 Oct 2024
    11:00 AM - 12:00 PM

  • Location
    Online
  • Cost

    Members: Free

    Non-Members: Free

Register