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Postponed - Business Planning Roundtable Breakfast
Name: Postponed - Business Planning Roundtable BreakfastDate: April 25, 2023Time: 7:30 AM - 10:00 AM MDTEvent Description:Join ACEC UTAH for breakfast and a panel discussion on business planning and how to avoid 3 common mistakes that are money killers in a consulting engineering firm.
Common Myths that will be addressed:“ I know what my business is worth.”“ My business is my retirement."“ Everyone has to pay tax.”
Our distinguished panel will take a practical look at:
- What not knowing what your business is worth can cost you, your family, your partners, and your employees.
- Why it is important to have a formal Buy/Sell agreement and to keep it current.
- Why it’s important to have a plan to fund it.-Why you may want to consider sources of retirement income outside of proceeds from the sale of your business.- Why it is important to give some serious thought, early, into how you are going to retire, when, and what legacy you will leave.- Plan for taxes; current, potential future, tax on retirement income, taxes on my business transfer. Like it or not you have a partner in Uncle Sam. Have a plan to deal with him.Location:The Gathering Place at Gardner VillageDate/Time Information:April 25, 2023
7:30 Check-in
8:00 - 10:00 AM Breakfast and Presentation
2 PDH Hours availableFees/Admission:$40 member $60 nonmemberSet a Reminder:
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Advancing the Business of Engineering