Albuquerque Economic Development Ambassador Membership Drive
Exit Strategies Series – Using Succession As An Exit Strategy
The Exit Strategies Series offers five fact-filled sessions designed to give you information on everything you need to know before deciding on when and how to buy or sell your business or engage in succession planning. Gather a wealth of information from the experts in each two-hour session.
Fee & Registration
Sessions are $49 each or $199 for the entire series
CLICK HERE TO REGISTER
Light breakfast and beverages provided
USING SUCCESSION AS AN EXIT STRATEGY
Have you ever thought about using Succession Planning as an exit strategy? This session explores the circumstances in which that would work as the best exit strategy. You’ll learn how to design a succession transaction that is win/win for owners and successors, then you’ll use a hands-on exercise to make sure that this plan will work for you. Build a timeline and progressive process for implementation.
• Circumstances which dictate succession as the best exit strategy
• Succession transactions that are win/wins for owners and successors
• Determination if a business can pursue succession as an exit strategy
• Designing a progressive process for implementation
Instructor: Michael Podolny
Michael Podolny, Succession Planning
Michael Podolny
Michael Podolny is the founder and President of The Podolny Group, Inc., a consulting business with offices in Chicago, IL and Albuquerque, NM specializing in assisting owners in getting the highest value from their businesses when they decide to exit.
Michael Podolny has over 35 years of experience working with business sale and succession issues. With a track record of having closed transactions with a value well over $500 million, he understands the realities of what it takes to get desired outcomes for business owners.
This series is offered by by:
Technology Ventures Corporation Flying 40 Celebration at Albuquerque Zoo
Join the New Mexico Technology Council on June 22nd for the Flying 40 Celebration of New Mexico’s most successful technology companies.
Stop by our booth at the event and say hello!
Exit Strategies Series – Employee Stock Option Plans
The Exit Strategies Series offers five fact-filled sessions designed to give you information on everything you need to know before deciding on when and how to buy or sell your business or engage in succession planning. Gather a wealth of information from the experts in each two-hour session.
Fee & Registration
Sessions are $49 each or $199 for the entire series
CLICK HERE TO REGISTER
Light breakfast and beverages provided
EMPLOYEE STOCK OPTION PLANS:
Have you ever considered an ESOP for your business? This session will give you the history and background of ESOPs while giving you a heads up on what it is and what it isn’t as well as the business characteristics needed before considering an ESOP for your company. In this session you’ll gain valuable information on the advantages and disadvantages and discuss the possible benefits to employees. You’ll hear success stories and gain access to resources that you can use after you leave the session.
• What it is and what it isn’t
• History and background
• Important business characteristics before having an ESOP
• Advantages and disadvantages to business owners
• Benefits to employees
• Success stories
• Available reference information and resources
Instructor: Dennis Houston
Dennis Houston
Dennis Houston, Business Sale Process; Acquiring a Business; Employee Stock Option Plans
Dennis Houston is CMA and president of True North Business Navigation Professionals. His executive career as a Controller, CFO, Vice-President, and corporate officer has spanned over thirty years and includes positions in private industry working at Enviro, Ktech Corp, and General Technology Corp. His career also includes working as a private consultant for mid-market business owners planning exit strategies and representing them in the sale of their businesses. He has supported Albuquerque Economic Development and the City of Albuquerque in local existing business development program efforts for the past ten years.
This series is offered by by:
Connect to Success with Albuquerque Economic Development
REGISTER TODAY. AND GET READY TO TAKE YOUR BUSINESS TO THE NEXT LEVEL!
When it comes to growing a business, you face more demands than ever. Get help from the experts at AED’s Connect To Success workshop in Albuquerque. At this event, you’ll hear about programs that can save you money, learn how to take advantage of financial tools, and gain advice on building your workforce. It’s a must-attend event for CEOs, CFOs, HR managers and other decision-makers.
Attendees may choose between two educational tracks:
- Track 1, Financial Tools for Business Growth, will cover small business loans, equipment leasing, working with alternative lenders and using new markets tax credits.
- Track 2, Building Your Workforce, will feature sessions about New Mexico employment law, successful hiring practices, and working with UNM and CNM to find talented employees. Attendees also will learn how to take advantage of New Mexico’s Job Training Incentive Program, which reimburses qualified businesses for the cost of training new employees.
