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I’m Doing Everything! How Value Planning Reduces Panic and Builds Value

March 13 @ 11:00 am - 12:00 pm CDT

Free

While tax planning is a regular part of every entrepreneur’s work cycle, value planning may have a bigger long-term impact. Given that your business is likely your largest asset, wouldn’t you want to maximize its value?

For a business owner, retirement often translates into selling your business. Even if you never plan on selling, building your business as though you will sell someday will ensure more efficient operations, clearer business trends, a cleaner financial picture, and better standard operating procedures – all key qualities for both effective ongoing operations and value drivers for the future.

In this session, you will:

Understand the actions you can take – quantitative and qualitative – that can increase the potential value of your business for a buyer
Explore the idea of a “buyer” – who are they? What are they looking for?
Learn tips for building your business to sell
Understand how to build credibility and clear financial statements
Understand risk factors that impact value
Understand qualities of the ideal time to sell
Learn the basics of what to expect when selling your business – or what to look for if you are hoping to buy a business
Using this session as a launch point for longer-term planning can also help you set goals for what you need to achieve before you go into the market.

Website:
https://sbdc.wisc.edu/value-planning/

Details

Date:
March 13
Time:
11:00 am - 12:00 pm CDT
Cost:
Free
Event Category:
Event Tags:

Organizer

Small Business Development Center at UW-Madison
Phone:
(608) 263-2221
Email:
sbdc@wsb.wisc.edu
View Organizer Website

Other

Regions
Southwest Wisconsin

Venue

Online Event

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