Sponsored by: New Direction Partners
Speakers: Paul Reilly, Partner, New Direction Partners; Jim Russell, Partner, New Direction Partners
One of the most often overlooked aspects of strategic planning is succession planning. When you are looking for an exit strategy, area ready to hand off the business to other family members and head for the beach, or face unforeseen circumstances, having a strong succession plan in place is critical. And it can take several years to execute on that succession plan. In this session, participants will learn about the key elements of the plan to successfully transfer leadership and ownership of a printing and packaging firm, typical timelines, and strategies for ensuring optimum valuation.
The program will focus on:
- Key elements of a succession plan.
- Exit strategy timelines.
- Leadership and Ownership changes.
- Ensuring bench strength.
- Valuation methods.
Sponsored by New Direction Partners
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