Business Succession Planning Seminar

Oct. 6, 2009 - PRLog -- Business Succession Planning - Knowing the key elements to business continuity
will help you avoid costly mistakes.

Small businesses fuel our economy - employing more than 90% of the American workforce, developing the newest technologies and strengthening our local communities. Yet, while small businesses are ideally positioned to pull our country out of these tough economic times, the statistics are grim: nearly two-thirds of closely-held businesses will fail upon the death, disability or retirement of the original owner, mostly due to a lack of adequate planning and proper funding for ownership and management succession of the business.

Business continuity is not a guarantee. Are you prepared for a transition? Do you understand the key elements involved in succession planning? Are you aware of the potential pitfalls, as well as the tools available to help you succeed?

Please join us for a complimentary comprehensive seminar on the business, tax and emotional aspects of creating an effective succession plan.

            Thursday, October 15, 2009
            6:00 PM - 8:00 PM
            The NIA Group                                                    
            66 Route 17
            Paramus, NJ 07652

Our panelists will share real life scenarios to illustrate the importance of succession planning and describe:

1. The methods used to value a business and strategies to maximize that value.

2. How the decisions you make about your business today will affect it at the time of succession.

3. A proactive approach that will help prevent problems during transition.

4. Tackling the most common challenges, avoiding exposure, and ensuring you have the proper plan and funding in place.

Presented by:

Joy Elizabeth Hodge, Esq., Pashman Stein, A Professional Corporation

Maria Rollins, CPA, MST and Gerald Shanker, CPA/ABV, MST, Kreinces, Rollins &  Shanker, LLC

Michael A. Gallo, CLTC, The NIA Group

RSVP to Michelle Foschino, The NIA Group at 201.336.1216. Seating is limited.

Please join us for a complimentary cocktail reception following the seminar.

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Joy Elizabeth Hodge is an Attorney at Law (NJ, NY, VA) Specializing in Trusts and Estates - Business Succession Planning. She currently focus on taxation law, with a particular emphasis on business advice, succession and estate planning. She drafts complex commercial documents, trusts, wills and business succession plans in order to maximize the wealth of current principals and preserve closely-held and family businesses for the next generation of ownership. Ms. Hodge serves as an advisor to corporate clients on such matters as partnership and shareholder agreements, protection of trademarks and copyrights, corporate/commercial transactions, including the formation, purchase, sale and restructuring of businesses and professional practices, and general corporate agreements. www.Hodge-Law.com