A business is a founder’s baby -deciding it may be time to sell all or part is the easy part - acknowledging and addressing the financial and emotional issues can be challenging.
CHICAGO (PRWEB) November 14, 2018
Great startups may fail for any number of reasons. Perhaps the founders are great at certain critical functions but fall down on others. Perhaps funding is simply inadequate, though that too may be traced back to a lack of experience and expertise with respect to a specific area (in this case, the finance function). Regardless of the reason for failure, the fact is that it is very difficult to turn a product or service into a business is hard, often because the creative entrepreneur with the great idea does not have the same level of skill, training, experience, and passion in the other critical areas required to turn the idea into a successful company.
There are many decisions that are critical to the success of the business, some of which naturally fall outside the expertise of the entrepreneur. Direction around items like attracting and retaining key people, accounting and finance, and being able to negotiate various contracts can make or break a young company. This Financial Poise BUSINESS ADVICE – FROM START UP TO SALE 2018 webinar series will provide the information necessary to make these critical decisions.
The third episode of the series, Roadmap to Selling a Business or Taking on Outside Investors, airs on November 15th at 2:00 PM CST (Register Here) and features Moderator Michael Schwarzmann, an advisor to companies in transition. He is joined by David Lallouz of Tannenbaum Helpern Syracuse & Hirschtritt LLP, Jay Reilly of Saul Ewing Arnstein & Lehr LLP, Steven Stralser of Thunderbird School of Global Management, and Stephen Wrobel of Balmoral Advisors.
A business is a founder’s baby - the founders created it and worked tirelessly to make it successful. Deciding it may be time to sell all or part is the easy part - acknowledging and addressing the financial and emotional issues can be challenging.
Negotiating with potential buyers or investors is time intensive, to say the least. Positioning a business for a value maximizing transaction requires planning. What professionals need to be engaged? How do the parties come to a valuation? What is the profile of the likely investor or buyer? These are just some of the questions this webinar addresses.
The BUSINESS ADVICE – FROM START UP TO SALE 2018 webinar series is produced by Financial Poise.™ The final episode in this series is "Roadmap to Growing Your Business by Acquisition," which airs on December 13th. Each episode airs at 2:00 PM CST. All episodes premiere live through West LegalEdCenter and then are made available on-demand.
As with every Financial Poise Webinar, each episode is delivered in Plain English understandable to investors, business owners, and executives without much background in these areas, yet is also valuable to attorneys, accountants, and other seasoned professionals. And, as with every Financial Poise Webinar, each episode brings you into engaging, sometimes humorous, conversations designed to entertain as it teaches. Each episode in the series is designed to be viewed independently of the other episodes, so that participants will enhance their knowledge of this area whether they attend one, some, or all episodes.
About Financial Poise™
Financial Poise™ has one mission: to provide reliable plain English business, financial and legal education to investors, private business owners and executives, and their respective trusted advisors. Financial Poise™ content is created by seasoned, respected experts who are invited to join our Faculty only after being recommended by current Faculty Members. Our editorial staff then works to make sure that all content is easily digestible. Financial Poise™ is a meritocracy; nobody can “buy” her way onto the Financial Poise Faculty.™ Start learning today at https://www.financialpoise.com/.