$55

2018 Business Succession Summit

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Edina Country Club

5100 Wooddale Ave

Edina, MN 55424

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Refunds up to 7 days before event

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Defining Goals, Priorities and Strategies for a Successful Transaction

Chances are you set goals to achieve the success you experience today. Transitioning your business is, in many ways, similar to starting and growing a business. A clearly specified plan will help you navigate business risks and plan for your own financial well being. Join us for breakfast and learn how to maneuver this complex and challenging process and help you secure your future.


Agenda:

7:30 - Check-in, Breakfast & Networking

8:00-8:10 - Welcome
Lance Madson, Business Valuation Partner at Boulay

8:15-8:45 - Lessons Learned in Transitioning the Family Business to the Next Generation
Matt Norman, President of Dale Carnegie North Central U.S.

8:50-9:30 - Panel: Crack the Code to Maximize the Value of Your Business
Daniel Korsman, Business Valuation Manager at Boulay
Brian Kensicki, Shareholder at Winthrop & Weinstine, P.A.
Kalen Schwartz, Vice President, Business Banking at Old National Bank
Adam Webb, Managing Director of Quazar Business Brokerage


9:30-9:45 - Break

9:45-10:30 - Panel: Tips to Successfully Navigate a Business Transition
Scott Manion, Accounting Advisory Partner at Boulay
Jon Melander, Wealth Management Partner at Boulay
Kevin Ellis, Tax Partner at Boulay
Andrew Kremer, Estate & Trust Partner at Boulay
Moderator: Lance Madson, Business Valuation Partner at Boulay

10:35-10:45 - Closing Remarks
Steve Behrns, Managing Partner of Boulay


Featuring:


Kevin Ellis, CPA | Tax Partner at Boulay
Kevin provides tax advice and consulting for wholly-owned businesses and their owners. He assists businesses and individuals in tax planning strategies designed to minimize their income tax liability, and he leads special projects requiring investigative and analytical skills to determine the best financial and tax outcomes for clients. Kevin specializes in Federal and multi-state tax compliance for C and S corporations, and he has experience in Federal and multi-state tax compliance for ESOP entities, as well as in Federal and state tax compliance for individuals, partnerships and limited liability companies.


Brian Kensicki, J.D. | Shareholder at Winthrop & Weinstine, P.A.
For more than 18 years, Brian has devoted his practice to the areas of corporate law and mergers and acquisitions. His practice is focused on representing public companies, closely-held businesses and private equity groups in connection with stock and asset acquisitions and divestitures, mergers, recapitalizations, joint ventures, capital formation transactions and other equity investments. In addition to his work in the area of mergers and acquisitions, Brian provides general corporate counsel to numerous companies in a variety of industries.


Daniel Korsman, J.D., CPA/ABV | Business Valuation Manager at Boulay
Dan develops valuation and financial models for a variety of purposes including the purchase or sale of a business, recapitalizing a business, structuring a buy-sell agreement, making gifts, issuing equity compensation, or testing the fairness of a proposed action. He assists business owners in transitioning their interests in a strategic manner, identifying legal issues and tax opportunities. Dan also performs valuations that enable companies to comply with tax regulations and financial reporting requirements.


Andrew Kremer, J.D., CPA | Estate & Trust Partner at Boulay
Andy joined Boulay in 1999, became a partner in 2008, and now leads the firm’s Estate and Trust department. He specializes in estate and gift planning, family-owned business succession planning, and tax planning and compliance for trusts and estates. He helps clients ensure a comfortable retirement and an orderly transfer of business and property interests. Andy also helps clients with wealth transfer strategies, planning for death and disability, and charitable giving.


Lance Madson, CPA, MBT, ABV | Business Valuation Partner at Boulay
Lance specializes in tax planning and consulting for closely held businesses and individuals, and he has been helping clients minimize their income tax liability with strategic tax planning and preparation for more than 20 years. Lance assists clients with entity selection and start-up considerations, and he performs business valuations for estates and gifts, buy-sell agreements, business transactions and general planning purposes. He helps clients with business and/or asset purchase and sale transactions by recommending strategies to minimize income tax liability.


Scott Manion, CPA, CMA, CFM | Accounting Advisory Partner at Boulay
Scott focuses on providing accounting, consulting and tax services to closely held companies. He also assists private equity groups and corporate acquirers during investment decisions and post-acquisition integrations by providing support on the structure and negotiation of letters of intent and purchase agreements, performing due diligence procedures, and determining post-closing net working capital adjustments. Scott recommends solutions to improve operations, business performance and financial statement reporting, and he assists clients with business ownership transitions.


Jon Melander, AIF®, CFP®, CIMA® | Wealth Management Partner at Boulay
Jon has more than 20 years of experience in wealth management. He provides financial planning for families and individuals in all stages of life, and he implements retirement distribution planning to help minimize tax liabilities. Jon advises plan sponsors of qualified retirement plans with 1-500 plan participants on participant education, investment due diligence and selection, recordkeeping platforms and TPA selection, and he advises businesses owners, trustees and other interested parties regarding their fiduciary obligations.


Matt Norman | President of Dale Carnegie North Central U.S.
Matt’s coaching and facilitation has helped Fortune 100 corporations, non-profits and entrepreneurial firms to transform the way they engage employees and clients. He has trained sales leaders across the world on coaching and developing their salespeople, coached physicians and clinical staff on leadership and teaming skills, enhanced the marketing and business development skills of attorneys, engineers and commercial bankers, and helped shared services teams to create more value through their partnerships with the business.


Kalen Schwartz | Vice President, Business Banking at Old National Bank
As a business banker, Kalen works with local businesses to find short- and long-term solutions for their financial needs. He understands that every business and its financials are unique and he is willing to find out-of-the-box solutions to fit their needs. Because of Kalen’s prior background as a senior credit analyst, he can quickly assess the financials of each customer and offer a swift decision and fast turn-around time without sacrificing quality in his response.


Adam Webb | Managing Director of Quazar Business Brokerage
In addition to overseeing all Quazar Business Brokerage operations, Adam manages client and prospect relationships and guides his clients through the entire transaction process, whether it be buying or selling a business. Through utilizing investment banking techniques and connections, Quazar Business Brokerage successfully targets a vast range of potential buyers for its clients. Adam recognizes every business is unique, and a unique approach should also be taken with each transaction.


Investment Advisory Services offered through Boulay Financial Advisors, LLC a SEC Registered Investment Advisor. Certain Third Party Money Management offered through Valmark Advisers, Inc. a SEC Registered Investment Advisor. Securities offered through Valmark Securities, Inc. Member FINRA, SIPC 130 Springside Drive, Suite 300 Akron Ohio 44333-2431* 1-800-765-5201

Boulay PLLP and Boulay Financial Advisors, LLC are separate entities from Valmark Securities, Inc. and Valmark Advisers, Inc. Prime Global is not affiliated with Valmark Securities, Inc. and Valmark Advisers, Inc.

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Date and Time

Location

Edina Country Club

5100 Wooddale Ave

Edina, MN 55424

View Map

Refund Policy

Refunds up to 7 days before event

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