How to Buy or Sell a Business
February 18, 2013: 6:30 PM - 8:45 PM
An experienced panel, including a CEO, broker, organization expert, and community banker, provides advice.
City Gate Grill at Calamos Investments Building
Meeting room at plaza level - below restaurant
2020 Calamos Ct
DIRECTIONS: Take I-88 to Route 59, go North on Route 59 and turn right at first street (Westings Drive). From Westings, take an immediate right onto Calamos Court. Parking garage is on right. Go to City Gate Grill. Meeting room is down the steps below City Gate Grill.
Panel Discussion: How to Buy or Sell a Business
Buying or selling a business is a process that most business owners only go through once. You need the assistance of people who have helped many others in similar deals to get the full value you could expect (6x EBITDA or more, instead of 1 or 2X) from your sale, if you are a seller – and to make sure your due diligence and documents get you a business worth what you are paying for it, if you are a buyer. You also need to know how to finance your deals.
The February 18th panel will include a CEO who has successfully made acquisitions, a business broker who has helped many companies obtain full value for their assets, an organization expert who can tell you want needs to be done to get your company ready for sale, and a community banker who knows what is needed to qualify for government-guaranteed loans to buy a business, and whose bank has funds available to lend.
The Expert Panel:
Pat Grandle, Sunbelt Business Advisers: How to work with a broker to buy or sell a business
Colleen Ryan, Leaders Bank Naperville: Financing the purchase with an SBA Loan
Ellen Huxtable, ABC Business Concepts, Batavia: Preparing your business for sale
CEO To Be Named: Our Company's Acquisitions: Lessons Learned
$20 general public.
$15 for Chicago Booth alumni, students and faculty.
You can save $5 if you register by February 12, 2013
6:30 PM-7:00 PM: Networking with light refreshments
7:00 PM-8:30 PM: Panel Discussion
8:30 PM-8:45 PM: Individual follow-up with panel members