You’ve spent your whole life building your business. Thinking about its succession and transition is difficult, but important. There are several things to consider when transitioning your business, including management, ownership, entity structuring and whether or not you’re ready. All these factors play a key role in succession planning for a business. In this session,we’ll talk about the value of having a succession plan long before you must implement it, discuss the process and what you can do to prepare, and show you how to operate with the end in mind. Session presented by Eide Bailly.
Chad Flanagan, CPA, ABV
Partner-in-Charge of Business Valuation
Chad specializes in valuing intangible assets, including technology, patents and contractual agreements, as well as countless business valuation services for estate and gift tax purposes, litigation,and purchasing and selling businesses. To share his expertise, Chad has presented for the Business Law Institute in Minnesota, EnterpriseMinnesota, Red River Estate Planning Council and various other organizations.