Top Advisors to Business Owners From Across North America Meet in Denver August 9-10, 2013
10th Annual Conference: Over 100 of North America's most respected Professional Advisors come together in Denver Aug. 9-10 for the 10th Annual National Exit Planning Conference supporting the Owners of closely held Businesses.
Denver, Colorado (I-Newswire) July 30, 2013 - http://www.exitplanningforadvisors.com
WHO: Business Enterprise Institute (BEI), a Denver-based Exit Planning Think Tank welcomes over 100 leading professional advisors from across North America for BEI's 2013 Exit Planning Conference on August 9-10 at the Ritz-Carlton Hotel in Denver, Colorado.
WHAT: BEI's 10th Annual Exit Planning Conference is the only meeting of its kind, bringing together experienced professional advisors from across North America, including CPAs, business attorneys, estate planning attorneys, wealth and investment advisors, insurance professionals, business consultants, business brokers and investment bankers in a multi-disciplinary, collaborative meeting to share best practices and recent trends in helping business owner clients plan for the future.
WHERE: BEI's 10th Annual Exit Planning Conference will be held at The Ritz-Carlton, Denver, 1881 Curtis Street, Denver, Colorado. Complimentary valet parking is available at The Ritz-Carlton hotel.
WHEN: Friday and Saturday August 9-10, 2013
WHY: Professional advisors who share a passion for working with business owners to plan for a successful future are a rare and valuable breed. Many lawyers, accountants and consultants claim to help business owners plan for the future, but the scope of their experience and advice is just too narrow to address the complex needs of today's business owner clients. BEI advisors have extensive training and experience in working with business owners. They know when to lead the charge toward a solution and when to bring in other experts to support the planning process. The BEI Annual Exit Planning Conference is the only time each year when all of this expertise can be found in one place.
DETAILS: Private businesses represent a significant portion of the national economy. The owners of closely held businesses, many of whom are Baby Boomers, do not have access to the public markets when they are ready to sell their stock and retire. BEI's network of highly-trained professional advisors helps local business owners across the county create unique and customized plans to smoothly transition their businesses to the next generation of ownership using a process called "Exit Planning". These trained and qualified advisors get together every year in Denver to discuss the latest trends in planning for business owner clients and to talk through case studies. The purpose of the BEI Annual Conference is to maintain the cutting-edge and up-to-date knowledge base of the advisors in BEI's network so that business owners everywhere can benefit from the training and ideas shared at the Conference.
Over the past four years an average of 49% of the businesses that BEI advisors assist with Exit Planning had an enterprise value between $2 million and $10 million. Around 80% of the businesses seeking formalized Exit Planning help from BEI advisors have an enterprise value of less than $20 million. Each year for the past four years, just over 50% of the business owners who hire a BEI advisor to help create a custom Exit Plan are interested in transitioning their businesses to family, employees or co-owners - there are no public markets for these transactions. business owners who don't have a strategic and tactical plan to transition out of business ownership risk leaving their businesses without enough money to retire, faltering of their businesses after they are gone and possible default on bank loans used to buy their businesses when new owners struggle. All of this is risky for business owners, their families and their communities.
John H. Brown, founder of BEI and author of the best-selling book on business Exit Planning How To Run Your Business So You Can Leave It In Style, says "Business owners face a number of very difficult challenges given the current economic and tax environment. A comprehensive, customized Exit Plan, created by a business owner in collaboration with a BEI advisor and the owner's own local professionals, can make the difference between a successful exit from the business and total failure."
About Business Enterprise Institute (BEI)
Business Enterprise Institute (BEI)
Phone : (303) 321-2242
Published On:July 30, 2013
Print Release:Print Release
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