Even in the early stages, entrepreneurs and business owners must consider how to maximize the value of their business upon a sale or transfer.
Los Angeles, California (PRWEB)
May 31, 2017
Richard Myerson, CPA, CLU, ChFC, delivers a presentation to local growing businesses at Supporting Strategies’ annual Business Fundamentals Bootcamp – Los Angeles. This year’s theme is “Fundamentals of Growth,” under which Myerson speaks about the importance of planning a business’ exit strategy, as well as tactical skills and pointers.
Held at the Skirball Cultural Center in Los Angeles, the Business Fundamentals Bootcamp amasses the most knowledgeable and reputable local business leaders to present on topics based on their expertise. The Bootcamp caters to the needs of the C-suite of thriving businesses, targeting tactical and operational management skill building. Sessions cover various functional groups, including marketing, finance, law, and human resources.
Myerson’s presentation includes case studies and a review of typical growing pains in today’s business environment, including the necessity to develop an exit strategy or succession plan—even though it may seem premature. “Even in the early stages, entrepreneurs and business owners must consider how to maximize the value of their business upon a sale or transfer,” proclaims Myerson. “Continually revisiting the end-game sharpens the day-to-day operational effectiveness of the business owner. I very much appreciate the opportunity to present this crucial information to those who need it most.” Myerson discusses various succession options, from sale to a partner, to key management, to a family member. He concludes by citing a series of business plan implementation…