Are you looking to sell your financial planning business within the next three years? Free advice on selling in a post-FoFA environment is on offer.
According to Radar Results, forthcoming changes to the financial planning industry mean many financial planners must choose to either grow their business or leave the industry.
If you’re in the ‘leave the industry camp’, then there are various issues to bear in mind, such as the current market for financial planning practice sales, how to go about making a sale and how to find the right buyer for your business.
The consultancy has therefore decided to put on a free workshop aimed at those planners who have decided that they want to sell up and move on.
Topics of discussion will include:
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How to value your business.
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Current market prices.
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Key areas of a transaction.
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Vendor trade restraints.
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Clawbacks.
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Transition periods.
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Sale contracts.
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Terms and conditions for a sale.
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What can stop a sale.
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Information required for a purchaser.
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The role of a lawyer in the sale.
Workshops will take place next month in Sydney, Perth, Melbourne, Brisbane, and Adelaide. Click on your city of choice for more information.