Building Enduring Value: Is Your Manufacturing Organization Transferable?
1/15/2019 10:00 AM - 11:00 AM (CT)
Type: Live Webinar
Industry: Manufacturing and Distribution
Service: Business Succession Planning
Seats Remaining: 437
Name: Alexis Abrahamsen
We all know the importance of succession planning. Make a plan to transition your business…someday.
After building a thriving business, many manufacturers assume their operations will perpetuate into the future.
But do you know that the hard work you are doing every day in your business might be preventing you from doing the work on your business to prepare for the future?
Truly understanding your business and its value goes beyond numbers. Whether you’re building your business, reaping the benefits of experience but not ready to retire or getting ready to plan your exit strategy, now is the perfect time to improve the transferability characteristics of your company.
The big question is: Is your business even transferable?
You built — and continue to nurture — your manufacturing organization for a reason. All manufacturers’ goals are unique, but building a legacy, serving your employees and growing your personal wealth were probably all part of your motivation. Are you confident that the business you have today is on track to meet your goals, either down the road when you are ready to step away or if you are unexpectedly unavailable?
In this webinar, Paul Lally, a seasoned transition and succession planning professional with 28 years of experience, will explore the key transferability characteristics that are indicators of a successful business transition and what you can begin doing today to help perpetuate your manufacturing organization into the future.
Paul will challenge you with these questions and help you start to explore how to work toward the answers:
- “Have I properly planned for the management or perpetuation of operation in the event of an unforeseen occurrence such as death or permanent disability?”
- "How and when will I perpetuate the business into the future while realizing value for what I have built?”
- “How do I continue to effectively grow and scale my manufacturing organization to ensure a more viable, stable and profitable firm?”
Who should attend:
This webinar is intended for manufacturing owners and leaders who are ready to take a hard look at the manufacturing organization they are building and prepare for a planned transition down the road or for a sudden, unexpected transition.