Back by popular demand after a full house last year, four of the region’s most prominent financial, legal, accounting and business advisors have joined forces to this time focus on assisting business owners considering selling or exiting their business.

The foursome – Rod Russell of Savvy Business Sales, Scott Schatto of Commonwealth Bank, Ken Waddington from Garland Waddington Solicitors and Ravi Sharma from PJT Accountants & Business Advisers – will host a free information session on Wednesday, 7 June 2017 at the Maroochydore Surf Club considering the do’s and don’ts when selling or restructuring your business.

Event coordinator Ravi Sharma said it can be quite a tricky process when business owners are looking to sell or exit their business.

“Most business owners rely on funds they receive from the sale of their business to fund their future plans, so a successful sale needs to include getting the highest possible price and a smooth transition for all parties,” Mr Sharma said.

“One in three businesses on the Sunshine Coast are family-owned businesses, which means when it’s time to retire, most families are faced with the complexities of passing the business on to the next generation or selling to retire comfortably.

It’s important for these businesses to get the right information that will guide them on the right path to a successful transition.”

Presenter Ken Waddington said some of the key issues being covered at the event included succession planning, how to finance, how to agree on a fair price when family is involved and how to best manage retirement funds.

“We’ll also consider what you can do to facilitate a quick business sale, the sale process pitfalls to avoid, employee considerations and business tax concessions that you can take advantage of,” Mr Waddington said.

“Attendees will also go in the draw to win a $1,700 business evaluation package which includes legal advice, an on-site business assessment and business magazine subscriptions.”

The ‘Selling your business’ seminar will be held from 5.15pm on Wednesday, 7 June at the Maroochydore Surf Club, 34-36 Alexandra Parade, Maroochydore. Entry is free and bookings are essential. Contact Tanya Munro on 07 5413 9300 or tanya@pjtaccountants.com.au by 1 June.

Media contact: Amber James, Fresh PR & Marketing, 0403 000 330 or amber@freshprm.com.au