Prometis Partners Owner’s Fireside Chat Series: Financial Strategy
How having a financial strategy can benefit your business and its shareholders, along with other objectives that may be essential to the sustainability of your business!
How having a financial strategy can benefit your business and its shareholders, along with other objectives that may be essential to the sustainability of your business!
With the impending tax increases for 2021, many companies will be looking for ways to minimize corporate taxes and maximize cash preservation. Other companies may be looking for ways to create liquidity for shareholders who plan on transitioning or reducing the ownership.
In this chat, we will covered the 5 D’s (death, divorce, disability, distress and disagreement) and why you should be aware of them. They are the topics that no one wants to talk about but that are fully necessary to prepare for. Understanding why they would cause you to exit your business.
You’ll get the chance to listen to other business owners about the process of planning and preparing for their future. Learn more from them about the eight key value drivers (planning, leadership, sales, marketing, people, operations, finance and legal) and how to find areas for improvement to be able to create your plan to maximize…
As a business owner there’s one guarantee, your exit is inevitable. To ensure a smooth transition, having a solid exit plan is a necessary course of action, even if you have no intention of implementing that plan anytime soon.