Preparing Your Practice for Sale - And Selling It!
Total Credits: 2 including 2 Finance - Technical
- Average Rating:
- 13
- Categories:
- Partner Produced
- Speaker:
- Justin D. Farmer
- Course Levels:
- Basic
- Duration:
- 2 Hours
- License:
Description
After years of hard work, you have grown a business that has going concern. But like most savvy business owners, you come to realize that it is time to transition and “pass the baton”, so to speak, to a younger professional who can carry the business into the next generation. But selling a business is a lot of work. And certainly selling a professional service business must be harder (or so you may think). Then the question remains: is it worth it? The short answer: absolutely. Sure, there are countless moving parts and factors to consider when selling a business. But with the proper planning and team in place, you can maximize your return on investment.
Basic Course Information
Learning Objectives*What you need to know to get started
*Due Diligence
*Creating a timeline
*Valuing your practice
*Identifying the ideal buyer/partner
*Structuring the deal
*Avoiding pitfalls that make deals fail
Major Subjects
*Due diligence: clean up your books
*Create a timeline: preparation, marketing, negotiate and close
*Value Your Practice
*Identifying a Buyer/Partner
*Structuring the Deal
*Pitfalls to Avoid
Course Materials
| Preparing Your Practice for Sale - And Selling It!_Slides (3.53 MB) | Available after Purchase | ||
| Important CPE Credit Information_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase | ||
Speaker
Justin D. Farmer Related Seminars and Products
Justin D. Farmer is a lawyer, licensed real estate broker, and entrepreneur. As a lawyer, Justin has served as an Assistant Attorney General, private practitioner, and legal recruiter. He first attended the University of Washington where he received a Bachelor of Science having studied Marketing, Entrepreneurship, and Finance.
Justin then attended Seattle University Law School where he served on the Student Bar Association as President and Treasurer, participated in Moot Court competitions, clerked for a Superior Court Judge, worked for a boutique real estate and business law firm, and interned with the King County Prosecuting Attorney’s Office and Department of Assigned Counsel.
After graduation, Justin served as an Assistant Attorney General in Olympia where he acted as “in-house” counsel to Washington’s largest state agency and provided advice to various “business” divisions within the organization. He also has several years of business law experience, both transactional and litigation work. Justin has extensive experience as a legal recruiter and has mentored countless young professionals on the art of networking and career transitions.
Additional Info
Basic Course Information
PrerequisitesNone
Advanced Preparation
None
Designed For
Business owners looking to sell their practice.
Original Recording Date
04/07/2017
Yellow Book
No
Course Developer
WSCPA
Date Added to Catalog
12/29/2016
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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