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UID:357@londonderrychamber.co.uk
DTSTART;TZID=Europe/London:20200324T093000
DTEND;TZID=Europe/London:20200324T110000
DTSTAMP:20221028T190121Z
URL:https://londonderrychamber.co.uk/events/succession-and-exit-planning-w
 orkshop-24-03-20/
SUMMARY:Succession and Exit Planning Workshop - 24/03/20
DESCRIPTION:\n\n&nbsp\;\n\nWith respect to the safeguarding of attendees\,s
 peakers and staff during the Coronavirus (COVID-19) outbreak this event is
  postponed and will be rescheduled in due course.\n\n \n\nSuccession and 
 Exit Planning for Family & Owner-managed Businesses\n\nThere comes a time 
 in the development of many SME businesses when owners want to realise the 
 value of the business they have built or possibly pass the business on to 
 the next generation. Owners of these businesses often think about when the
 y might retire but few have a plan in place to a enable a successful exit.
   For owner managers\, successful succession planning is crucial if your 
 business is to retain its true value when you step back or sell out.\n\nTh
 is presentation will provide an overview of the exit options available to 
 owners including full or partial family succession\, trade sale and manage
 ment buy-out/ buy-in.\n\nTopics will also include:\n\n 	When do I need to 
 start planning my exit or retirement from the business and what options ar
 e available?\n 	Considering your personal\, family\, business and financia
 l objectives when exiting your business\n 	The key issues thatface busines
 s owners when it comes to the dilemma of succession planning.\n 	How much 
 is my business worth today? What impact can planning for my exit have on v
 aluation?\n 	What structures and procedures can I put in place now so my b
 usiness is ready?\n 	Key considerations of an MBO and how do I identify an
 d develop responsible future management successors?\n\nMichael Drumm\, Par
 tner in CavanaghKelly\n\nMichael is a Partner within the Advisory departme
 nt of CavanaghKelly. Michael is a Chartered Accountant and Licenced IP wit
 h over 10 years’ experience.\n\nMichael works with a wide variety of cor
 porate clients\, including Family owned businesses\, growing businesses an
 d entrepreneurs. He advises on mergers and acquisitions\, duediligence\, b
 usiness valuations\, business growth and succession planning.\n\nSteven Li
 ndsay\, Director in CavanaghKelly \n\nSteven is a Director with CavanaghKe
 lly. He is a Chartered Accountant\, Chartered Internal Auditor and an Exec
 utive Coach. Steven delivers consulting\, coaching\, leadership and govern
 ance services to a range of clients in the public\, private and not for pr
 ofit sectors.
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