Plan Your Exit: A Succession Planning Panel for Business Owners

Planning for the future of your business starts long before you're ready to step away.

Join a panel of experienced professionals for an informative discussion on business succession and exit planning designed specifically for manufacturing and industrial business owners. Whether you're considering retirement, evaluating growth opportunities, or simply planning ahead, this session will provide practical guidance to help you prepare for a successful transition.

Topics will include:

• Understanding your transition options, including selling your business, internal succession, management buyouts, and family business transitions.
• Preparing your business for a successful transition through financial, operational, leadership, and organizational readiness.
• Maximizing business value by understanding key valuation drivers, avoiding common value-reducing factors, and preparing for buyer due diligence.
• Navigating legal and financial considerations, including transaction structures, financing options, tax planning, and risk mitigation strategies.
• An interactive Q&A where attendees can ask questions and gain insights from professionals who work directly with business owners navigating succession and exit planning.

The discussion will be moderated by Stephanie Keener, Director of the Small Business Development Center – Lynchburg Region, and will feature a panel of industry and financial experts:

• Scott Schein, Executive Director and former owner of an industrial business in the aerospace sector
• Chet Schultz, Vice President, SBA Relationship Manager and Nationwide SBA Lender, SouthState Bank
• Bill Gust, Sr. Tax Partner

This program is ideal for manufacturing business owners, industrial company executives, family business leaders, business owners planning retirement within the next five to ten years, and companies evaluating growth, succession, or exit strategies.

Whether your transition is years away or already on the horizon, you'll leave with practical insights to help you prepare strategically and maximize future opportunities.

Space is limited. Register today to reserve your seat.