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New Year’s Resolution: Forward Planning Educational Series for WBEs

January 26, 2023 @ 10:30 am - 12:00 pm

Move Your Business Forward by Attending the Upcoming Sessions

The workshop series will provide Women-Owned Business Enterprises (WBEs) with an overview of the available options for exiting their business or obtaining liquidity. Topics to be discussed include determining the most appropriate path for transitioning ownership, both internally and externally, as well as understanding how selling a business impacts WBENC certification.

SESSION 1 | Planning for the Long-Term Sustainability of Your Business 
January 26, 2023 | 10:30 am – 12:00 pm
Business owners will be provided a thoughtful introduction to options for exiting their business.

Some of the depth of conversation includes:

  • Ownership transition options
  • Steps to determine a business valuation
  • Financing considerations and much more
This session will help business owners feel better equipped to navigate succession planning.
SESSION 2 | Transitioning Your Business to Internal Stakeholders
February 2, 2023 | 10:30 am – 12:00 pm
With so much to consider this session helps to provide WBEs with the level of knowledge needed to have informed conversations with professional advisors with a focus on selling to internal stakeholders such as family members or employees.
Key topic areas include:
  • Financing
  • Insurance tax (just to highlight a few)
SESSION 3 | Transitioning Your Business to Outside Parties
February 9, 2023 | 10:30 am – 12:00 pm
This session will provide attendees with the level of knowledge needed to have reasonably informed conversations with professional advisors with a focus on selling to outside parties.
Key topic areas include:
  • Tips for selling to a strategic buyer/independent purchaser/or private equity group
  • Managing financing
  • Tax consideration and more.
SESSION 4 | How Does a Sale Impact WBE and Other Diversity Certifications? 
February 16, 2023 | 10:30 am – 12:00 pm
Purpose – I’m selling my business. What does this mean for my certification status? This session sheds light on the ramifications to a WBENC certification regarding various types of ownership transitions.
Key topic areas include:
  • How to transition your WBENC certification
  • Besides ownership, what else matters
  • Big mistakes to avoid

Contact | Karen Goldner | kgoldner@wbdc.org

Details

Date:
January 26, 2023
Time:
10:30 am - 12:00 pm
Event Categories:
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Website:
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