Symco Succession Planning Workshop

Why there’s no success in succession and what to do about it.

Tuesday, May 31^st, 2011

Regina, SK

Venue: Hotel Saskatchewan, Regina, SK

Click here to register.

Succession planning starts in one of four places: the kitchen, boardroom, hospital emergency room or funeral home. Which room do you plan to be in? What are you waiting for?

Seven out of ten businesses will transition ownership in the next ten years, yet only one has a written succession plan, according to the CFIB. This means that most entrepreneurs are taking unnecessary risks with their business wealth, often their largest retirement asset, and exposing their families to potential stress, hardship and loss of wealth.

Starting is easier than you may think. It’s also critical to protecting your business equity and building your personal wealth.

The workshop will focus on both parts of succession planning: management and ownership. We take a ‘divide and conquer’ perspective to simplify the complex parts, identify critical steps, determine gaps, and create action plans to bridge the gaps. We separate the emotional aspects of your business ownership role from the logical components of management so that you can develop and implement separate strategies. Too many people try and do both at the same time.

We utilize our proprietary Symco Succession Blueprint(TM) to show you how to build succession planning into your business and personal life.

You will learn the importance of:

• Being proactive and taking control of the succession process
• The Succession Two-Step(TM): Separating management and ownership
• Developing your long-term organizational chart
• Alternative ownership structures
• Enhancing your management team
• Driving business performance and growth using metrics
• Maximizing the value of your business to attract the right buyers
• Making your business easier to sell
• Strategic vs. non-strategic buyers
• Creating options
• Developing a contingency plan
• The cost of procrastination and indecision

You will leave with a blueprint of the major steps for your succession plan. There will be preparatory work and analysis so that you can get the most out of this workshop.

Unique Deliverables:

• Audio tape – mp3 downloads
• Pre-seminar Succession Questionnaire; Management Structure analysis
• Time-lines – Live calculator
• Develop a speedy Succession Plan that can have fast results on your Estate Plan and Wealth Protection
• Valuation estimate
• Business Owners Scorecard – unique and powerful Business Owners Scorecard to create strategy and accelerate speed towards strategic goals.
• Create metrics to instantaneously management potential for succession, ownership structure, optimal timelines, financing requirements and probability of success.

Qualifications

To qualify for this seminar, you must be a business owner, family member working in a family business, or an advisor to private businesses.

Fees (includes business owner and up to three other family members or key employees, additional people add $100 per person)

Up to May 15^th, 2011 (no exceptions)

From May 16^th to May 27^th

People who sign up for both the Succession Planning Seminar and the Profitable Growth Seminar may deduct an additional 25% of the total fee and will receive two free books.

We have limited seating. First come, first served.

Phil Symchych, founder and president of SYMCO & CO. Management Consultants, has a unique combination of financial and strategic expertise to help businesses break through growth and transition barriers and get to the next level in their entrepreneurial lives. Phil has worked with business owners in Canada, the U.S. and Australia.

Phil consults, coaches, writes and speaks on business growth, succession planning and transitions to help entrepreneurs create and protect wealth, build business equity and leave a legacy. He has published over 40 articles and is the co-author of a new upcoming book, Outrageous Growth, along with Dr. Alan Weiss.

In 2009, he was one of the newest world-class consultants to be inducted into Alan Weiss’s Million Dollar Consulting(TM) “Hall of Fame.” As a business strategist and mentor to others, Phil shares his experience and expertise to help others accelerate their speed to success and transition.