Syracuse Ownership Transition Seminar
Thursday, February 10, 2011
Ownership transition for the design professional is an area that will have to be addressed in every firm. Whether the transition is the result of a merger or reorganization, the sale of a minority interest to an associate, the outright complete sale or a reduction of ownership on death, retirement or disability, each design professional will eventually face the complexities of ownership transition for all or a portion of his/her firm.
To have a smooth and proper ownership transition plan requires advance planning. The unexpected death, disability and/or retirement of a principal can leave a firm that has not addressed this in a state of confusion. In addition, the financial consequences to either the firm and/or the selling shareholders/owners can be adverse.
This Syracuse seminar is designed to provide objective guidance for the design professional embarking on ownership transition. It will comprehensively analyze and present alternative strategies for ownership transition. In addition, it will explore in detail the proper valuation approach for a design firm.
The Program
- Understanding Your Firm's Financial Statements
- Methods of Valuing Your Firm
- Income and Estate Tax Laws
- Ownership Succession and the Transfer of Power
- Techniques for Transferring Ownership
- Funding the Purchase Price
- Choosing the Proper Buy/Sell Agreement
- Mergers and Acquisitions
- Actual Case Studies
This intensive one-day seminar in Central New York begins at 8:30 a.m. and ends at 4:30 p.m. Cost of the seminar is $625 per person. We offer a 20% discount for each additional registrant from the same design firm. Architects - our seminar is registered with the AIA's Continuing Education System for 7 AIA Learning Unit Hours!
Location
Holiday Inn Syracuse/Liverpool
441 Electronics Parkway
Liverpool, NY 13088
315-457-1122
$119 single/double
cut-off 1/10/2011
