On this Training Thursday, Kerry and Jordan discuss an upcoming FREE webinar: Buying or Selling a Construction Business, Transitioning to Management and other Business Succession Issues.
Tuesday, December 21, 2021 — 11AM Pacific
Register (FREE) at: https://us02web.zoom.us/webinar/register/1216360505837/WN_uzwiDJ6kSveGglAy63rD_A
Missed it? Check out icba.ca/courses
Buying, selling, transferring a commercial operation is a complicated and multifaceted challenge, no matter how small or large your business is! There are many aspects to consider to avoid the decision becoming frustrating or even legally difficult. What steps can an owner take that will help the business run more efficiently, and make it easier to sell? How does the process of transitioning a business work?
Topics covered:
• Understanding your business and corporate structure
• Reviewing and consolidating business assets in preparation for sale
• Understanding, mitigating and dealing with liabilities in preparation for sale
• How good employment practice makes a business transition easier
• What options does an owner have for a transition?
• Overview of the deal process
• Key agreements: MOU, LOI, purchase agreement, non-competition
• Financing options
Tuesday, December 21, 2021 — 11AM Pacific
Register (FREE) at: https://us02web.zoom.us/webinar/register/1216360505837/WN_uzwiDJ6kSveGglAy63rD_A
Missed it? Check out icba.ca/courses
