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2018 Succession / Transferring Ownership | Minneapolis/St. Paul

Hosted in Minneapolis Monday, December 3, 2018 7:30 a.m. - 11:35 a.m. CST

Event Overview

Start yesterday.

If succession planning is not at the top of your list, it should be. A CEO departure without a cohesive plan in place can cost a company millions of dollars, paralyzing the organization from the top down. 

Your exit may not be imminent — that’s actually the best-case scenario. The time to begin crafting your strategy is far in advance of when you’ll need it.

Join us for this informative event to optimize positive outcomes for yourself and your business. Gain the knowledge you need to strategize to maximize value; understand the financial, legal and psychological ramifications of transferring ownership; and leave your business primed to succeed.

Start laying the groundwork to — in the near or distant future — walk away from your business with a clear mind, knowing you’ve done your due diligence. Register now!

Pricing
Members through November 12: $99| After November 12: $129
Guests through November 12: $119 | After November 12: $149

Members and guests are welcome to attend. For more details contact Stephanie Koegel, Event Planner, at stephanie.koegel@vistage.com.

Event Speakers


Session 1 | Barbara R. Hauser, J.D.

Barbara R. Hauser, LLC

Part 1: What is family governance and why does it matter?

Every family makes decisions — but some lead to litigation. How can this be prevented?

In her presentation, Barbara Hauser will draw from professional experience to provide practical advice and learnings.


Session 1 | Christopher Burns, J.D.

Hensen Efron

Part 2: Unique considerations and legal perspectives for successful successions

Holistic legal advice is essential in the successful transition of businesses. From unique considerations facing S-Corporations to estate planning, Christopher Burns will shed light on multiple facets of the planning process to ensure nothing is overlooked.



Session 1 | Tony Oman, CPA

Olsen Thielen & Co.

Part 3: Business valuation – Why it matters

In his presentation, Tony Oman will focus on valuation. He’ll illuminate important drivers and how value can be enhanced, and will delve into the tactical considerations of business valuations, such as when a valuation is needed and if it can be static.


Session 2 | Kyle Crowe

Managing Director of Mergers and Acquisitions, BMO Capital Markets

Part 1: How to maximize value as a seller

In his presentation, Kyle Crowe will focus on the maximization of value prior to the sale of a business, drawing upon extensive knowledge and experience gleaned throughout his career.



Session 2 | Brian Allingham

Administrative Partner, Norwest Equity Partners

Part 2: Partnering with and/or selling to a private equity firm

Brian Allingham will explore how private equity works, what situations it is best for, and how to go about it. He’ll expand upon the principles of private equity and working with middle-market businesses in the use of it, providing information critical for business owners looking to transition.


Session 2 | Sharon Bloodworth, CFP

CEO, White Oaks Wealth

Part 3: Lessons learned by Vistage members who have sold their businesses

A panel discussion with Vistage members who have executed the sale of a business. Moderated by Sharon Bloodworth, CEO, CFP of White Oaks Wealth, this informative Q&A session is an opportunity to learn from the successes and challenges of your peers — from best practices to the things they wish they’d done just a bit differently.


Agenda

Hyatt Regency Minneapolis

7:30 – 8 a.m.
Check-in and breakfast

8 – 8:45 a.m.
Welcome

8:45 – 9:10 a.m.
Session 1, Part 1 | Barbara R. Hauser What is family governance and why does it matter?

9:10 – 9:35 a.m.
Session 1, Part 2 | Christopher Burns Unique considerations and legal perspectives for successful successions

9:35 – 10 a.m.
Session 1, Part 3 | Tony Oman Business valuations — Why it matters

10 – 10:15 a.m.
Break

10:15 – 10:40 a.m.
Session 2, Part 1 | Kyle Crowe How to maximize value as a seller

10:40 – 11:05 a.m.
Session 2, Part 2 | Brian Allingham Partnering with and/or selling to a private equity firm

11:05 - 11:30 a.m.
Session 2, Part 3 | Sharon Bloodworth Lessons learned by Vistage members who have sold their businesses

11:30 – 11:35 a.m.
Wrap-up

Sponsors


Location

Hyatt Regency Minneapolis
1300 Nicollet Mall
Minneapolis, MN