Topic: Financial Planners’ Role in Exit Planning for Owners of Privately Held Businesses
Speaker: Rob Smithson, FSAE Senior Associate Corporate Investment
Description: Successful exit planning for private business owners requires a team approach. Financial planners have an important role to play in the exit planning process. This presentation will cover preparation of a business for sale and an overview of a typical business sale process. It will also cover key metrics that affect valuation and tips for starting the discussion with your clients to help them begin the process for a successful outcome, which start at least 3-5 years before the sale.
Learning Objectives: When to start preparing your client for selling their business. Factors that affect the valuation of privately held businesses. How to begin preparing the business for a sale 3-5 years prior to the sale. Steps and timing of a structured sales process
About the Speaker: With an exceptionally broad 36-year business background spanning aerospace, automotive, restaurant, construction, and manufacturing industries, Rob is well equipped to help business owners position themselves for the best possible exit through a deep understanding of how their business works. Rob has been involved in M&A activities ranging from $10MM to over $1B in his career. He has also played key roles in raising over $150MM in private equity from angel investors, venture capital, and strategic investors, and has advised both companies and investors on numerous investment opportunities.
Questions: Contact Sarah at admin@austinfpa.org.