Have you heard the myths about selling a business? Many business owners fall prey to the common misconceptions surrounding the legal considerations of selling their company. Myth #1: Only large corporations need legal advice when selling. Myth #2: Selling a business is a simple process that can be done quickly. Myth #3: The buyer will take care of all legal paperwork and due diligence. The truth is, proper legal planning is crucial for a successful and lucrative exit. Our guest, Phil Guttilla, will share his expertise on the legal considerations that all business owners should know before selling. Don't fall for the myths - join us to learn the truth.
What You’ll Learn:
Understand how being proactive in planning can lead to a successful business sale.
Examine estate planning and tax considerations when transferring business ownership.
Detect potential challenges and methods to prevent them in M&A activities.
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About Phil:
Phil is a deal lawyer. Whether it is a business sale or purchase transaction with a short timeline or a must close financing, he brings practical solutions and creative thinking to get to closing. As a Certified Public Accountant and Chartered Financial Analyst, Phil takes a multidisciplinary approach to serving his clients.
Private equity and strategic acquirors work with Phil for buy-side legal representation because he understands deals in the larger context of his client’s business and he deploys a project management approach to M&A that reduces costs and delivers economies of scale for clients executing roll-ups or growing through serial acquisitions.
Business owners seek out Phil for his experience and dedication to his clients. He and his team work to negotiate the best possible terms. He understands that a business sale is a life-changing event for most business owners that they may only experience once. He draws on his tax and accounting background and over 25 years of experience to guide his clients through the deal process.
Phil delivers what he expects from his team – thought leadership and creative solutions with superior responsiveness. Phil values his clients and builds deep relationships; many of his client relationships go back decades. He is a trusted adviser who strives to help his clients minimize taxes, maximize their business enterprise value and keep the larger picture in focus.
