How prepared will you be when it's time to pass the torch? Learn about key issues to consider while attempting a merge or choosing a successor.
DESIGNED FOR
CPAs and financial professionals who are nearing retirement and need to know about mergers, acquisitions or choosing a successor.
HIGHLIGHTS
The Urge to Merge
William Carlino - Transition Advisors
Whether a firm is seeking to merge up, down or laterally, this session addresses the key issues that need to be considered. Topics include:
- Why you should consider merging and how to select a merger partner
- Identifying your strategic objectives including adding talent, niches, growth, succession or new marketplaces and locations
- How to structure the merger transaction
- Determining compensation, profit sharing and equity in a merger
- Documenting the deal including revealing discussions on liability issues, creating a de-merger clause and drafting a new partnership agreement
- What to look for in due diligence
- The transition process of making clients and staff comfortable.
COURSE LEVEL
Basic
ADDITIONAL NOTES