Protecting Personal Assets as a Business Owner – Thursday, May 19, 2011

Thursday, May 19, 2011

Check-in: 5:30 – 6:00

Presentations: 6:00 – 7:00

Group Q&A: 7:00 – 7:30

Networking until 8:15 PM

Where:

200 Park Avenue

MetLife Building

Lee Hecht Harrison

26th Floor

New York, NY 10017

Cost:

An event fee of $20 is payable at the door. Students can attend at half price or $10. Regrets but we are unable to accept credit cards.

To RSVP:

Please click on the registration link at the bottom, which takes you to the event web page. You can also send an email to: Events@AngenAdvisors.com

Creating a new business requires a considerable amount of forward thinking, not only in terms of the future needs of the firm but also in regard to goals and plans of the founders. Often, so much focus is placed on establishing the business that firms and their owners are inadequately prepared for developments two, five, or ten years down the road.

Given that the failure rate of new businesses tends to be high, founders may be left with nothing if they do not take the necessary precautions. The seminar will be devoted to creating a greater ability to coordinate the often divergent interests of growing a business and growing personal wealth.

The presentation will begin with a discussion of the financial benefits and pitfalls of the most common structures – from professional and personal perspectives. These structures will include proprietorships, partnerships, LLC’s, and corporations.
Secondly, the speakers will address asset protection measures companies and owners can take to shield themselves from
unexpected external or internal developments.

In addition, the seminar will review operational protection measures that can be taken to maintain the viability of the business and the owner’s investment in it. These topics will include key man retention, disability protection, ongoing valuations and appraisals, succession plans, and exit strategies.