Why Successful Businesses Ultimately Fail - How to Avoid Becoming a Statistic

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Originally Aired - Monday, October 10 3:00 PM - 4:00 PM

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Location: S504CD


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Title: Why Successful Businesses Ultimately Fail - How to Avoid Becoming a Statistic

Description:

Many owners of ISSA companies have a common goal of continuing their businesses will into the future and oftentimes that goal includes family members at some point assuming management and ownership of their enterprise.

Unfortunately, this seemingly basic goal may also prove to be one of the greatest challenges ISS business owners face. Statistically, only 1/3 of all family businesses survive to a second generation and less than 15% to a third! Factoring in the many other challenges that confront and sometimes confound business owners, it is more difficult than ever to make the succession of a business a reality.

Special attention will also be given to the most recent Tax Act and how this supposed benefit may decimate a business if not properly addressed.

Whether your intent is to transition the business to family members, key management, outside buyers or an ESOP, this is a must attend session!

 

 

 

Type: Education Session


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