Available Dates & Times:
Session Type:
Convention, Convention Education
Location
Mandalay Bay
Room Number: Breakers KL
Description
A management buyout is the most common strategy for the sale of an electrical construction firm, however the biggest obstacle for the manager is they don’t have enough money to buy the company. This session will discuss the pros and cons of different ways to transition a business including valuation, taxes and fees associated with execution of the strategies. Risk, expectations and creating teams will also be discussed.
Speakers
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Kevin Kennedy
Mr. Kennedy is the founder of Beacon Exit Planning LLC and a nationally recognized speaker, author and thought leader for business owners with exit planning and succession. He personally walked the exit path and understands firsthand the challenges an owner faces from buying and selling a 200-employee company (Ranked in the top 20 ENR Specialty Contractors) and implementing succession planning.
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Joseph Bazzano
Mr. Bazzano is the COO of Beacon Exit Planning, a #1 bestselling author, a certified public accountant, certified valuation analyst and a certified business exit consultant with over 25 years of experience in public accounting, valuation and exit strategy services to closely held companies ranging from $5 to over $250 million and co-author of the #1 Amazon Best Seller “The Contractor’s 60 Minute Exit Plan.” He is a national speaker to business owners on exit planning, valuation, taxes, and asset protection that have shown business owners how to increase the value of their businesses by millions of dollars with exponential savings on taxes.
