Are you an immigrant business owner? Start planning now for the future of your enterprises and your familes and learn to create an exit strategy that works for you.
Blueprint for your Business Future is a set of six three-hour workshops on Succession Planning, which covers:
Transition Planning - Why Plan Now?
- Anticipate unexpected circumstances
- Find the best strategy for you
- Avoid costly expenses and taxes
Selling your Business
- How to make a smart sale
- Understand the sales process
- Locate trustworthy sales professionals
- How to find qualified buyers
Business Valuation -How Much is Your Business Worth?
- Determine the value of your business
- Common valuation approaches
- Steps you can take to increase the value of your business
Legal and Accounting Issues
- Structure a business to minimize taxes
- Deal with regulatory and legal issues
- Organize legal and financial documents
Transferring Ownership
- Who will take over?
- Select and train successors
- Understand the role of the family
- Manage the transition smoothly
Estate Planning
- Continue business operations after owner’s death
- Minimize taxes during business transition
- Optimize benefits to family members
Workshop instructor Barbara Roberts has forty years of experience helping small businesses reach next stage growth.
Blueprint is funded through THRIVE, a program of the New York City Economic Development Corporation.
Please email blueprint@nypl.org with any questions.
To register for the workshop which begins on June 23, 2015, 4:30-8:30 pm at Bronx Library Center, 310 East Kingsbridge Road please click here.
