Seven Essentials to Sell Your Company at a Premium
Friday, April 25, 2014. Palo Alto. The California Israel Chamber of Commerce.
Executive Roundtable: Seven Essentials to Sell Your Company at a Premium
Many mid-market CEOs sell their companies for far less than what they’d hoped for because they haven’t prepared for the “Exit Day”.
One such firm started in the early 1980’s and grew into an industry leader. After scorning an exit opportunity in 2007 (4X EBITDA wasn’t enough), in 2011 the business was sold in distress for just enough cash to pay off the bank plus seller-financed debt, which is now in default. The owners walked away from 30 years of toil with only their memories.
CEOs under invest in training themselves and preparing their firms for an exit. Most CEOs are inexperienced at selling a business and selling rarely feels urgent. As a result, other priorities jump ahead, and they don’t build skill or knowledge about exiting until the event is upon them.
What you will learn:
- Learn how to build a list of potential buyers.
- Modify how you run the business to increase value at time of exit.
- Understand the time frame to exit.
- Know buyer turn-offs and turn-ons.
- Get a grasp of the role of lawyers, investment bankers, accountants and others that can help.
Date: Friday, April 25, 2014
Location: Perkins Coie 3150 Porter Dr. Palo Alto, CA
Agenda: 7:30 a.m. Breakfast & Registration
8:00 a.m. Discussions begins
10:30 a.m. Wrap Up & Networking
Fee: CICC members –
$75 for regular ticket. $65 for early bird ticket (on sale thru April 21)
Fee: Non-members –
$125 for regular tickets. $110 for for early bird ticket (on sale thru April 21)
By Advance Registration Only
Register Here
The CICC Leadership Roundtable Series is a forum to learn about and share best practices, ideas, feedback, experiences and to help find solutions to day to day challenges executives face at work. Stepping up your game as a growth company top executive is a prerequisite to your success and your company’s success. Investors and acquirers look first to the strength of the top team. This series focuses in on the unique skills required to run high-growth and midsized companies – skills that are often very different than those required for success in big companies. This series of workshops builds the skills of high growth and mid-market CEOs, founders and their top teams. The roundtable discussion is limited to a small group size of 10-15 people.
The California Israel Chamber of Commerce (CICC) is a not-for-profit, industry-supported organization dedicated to strengthening business, investment, technology and trade relations between California and Israel. CICC has a network of over 10,000 key players engaged in cross-border opportunities between the two states. Over the years CICC has helped hundreds of Israeli technology companies launch successfully abroad while assisting US Investors and technology giants identify unique ventures and collaborative partners in Israel. To join as member and for more information: www.ci-cc.org
For questions or additional information, contact Tzvia Ofek.
Tags: presentations (past)