Join Us! for Newcastle Chamber’s May Networking and Education Breakfast featuring a presentation by Tom Fowler of Fowler Financial Group on Business Succession Planning.
Wednesday, May 24, 2017 — 7:15-8:30am Regency Newcastle (Register through EVENTS)
One thing is certain — one day because of death, disability, or retirement — you will exit your business. Do you have a plan take your money with you on a favorable basis?
It takes time to plan and execute a successful business transition. Depending on your objectives it may take several years to develop and implement a succession plan to be able to leave on your terms. This is especially true if you have to hire and train a successor.
When you wait to the last minute to plan, your options may be limited and decisions made in the interest of expediency can create horrendous tax nightmares. But even the best-intended plans can be disastrous when all of the implications aren’t thought out.
Whether you’re at the beginning of your great adventure or you’re looking to fade into the sunset, this seminar will help you gain an understanding of what you need to have in place to ensure a successful outcome.
Please RSVP by May 23rd. Hot breakfast will be served.
Tom Fowler works with closely held and family owned businesses to develop business exit strategies and business transition plans. He consults with businesses and professionals on qualified plans [401(k)] Plans, SIMPLE plans, defined benefit plans, and executive benefits. Tom advises business owners in developing their business catastrophe plan. He works with their team of advisors to develop a strategy to accomplish their planning objectives.