State of Owner Readiness - Kearney
For most business owners, their business is their most valuable asset. And exiting their business will likely be the most significant financial event of their life. A comprehensive and well-designed exit plan is essential to ensure that the owner and their business are ready to transition when the time comes, whether the goal is to transfer the business to the next generation, to key employees, or to a third party.
Recent studies show that 66% of the current U.S. business market is owned by baby boomers, with upwards of 75% of those owners indicating they they plan to exit their business within the next ten years. The vast majority of these owners are woefully unprepared and have no written plan to guide them to a successful exit.
Join Koley Jessen, Lutz, First National Bank, and SilverStone Group, in partnership with the Exit Planning Institute, the Association for Corporate Growth, and the University of Nebraska College of Business, for a detailed presentation and expert panel discussion. We will cover the findings of the Nebraska "State of Owner Readiness" survey, as well as business transition options that are available to business owners.
4:00 - 4:30 PM | Check In
4:30 - 5:30 PM | Report Presentation - Bill Kenedy of Lutz, Brandon Hamm of Koley Jessen, Jeffrey Sharp of SilverStone Group, Tony Essay of First National Bank
5:30 - 6:30 PM | Networking + Happy Hour