Business Formation and Exit Strategies
Issues covered include: business structures, legal and commercial considerations, capital raising, franchising, business succession, maximising business value, business restructures.
Description
A sophisticated accountant needs to start considering the exit strategies of a business at the very beginning, and know how to plan ahead for changing business and tax environments. This one day seminar covers all hottest issues you and your clients come across during business start-up and exit stages. You will be the expert in capital raising, franchising, and all tax, legal and commercial issues when you advise your clients to start their business at the initial appointment.
Attend the full day and earn 6.5 CPD units
FASEA CPD Allocation: 6.5 hours in Technical Competence
All our conferences are able to count towards your CPD hours in accordance with the regulations of any industry association including CA ANZ, CPA and more. Click here to view your organisations' rules.
Session 1
Business Formation
Chair: Daniel Arnephy, Director, Accru Melbourne; Chartered Tax Adviser
9.00am to 9.55am: PANEL DISCUSSION: Determining the Right Business Structure after the Initial Client’s Meeting
- Information that you need to collect from your clients for structuring purposes
- Are partnerships and trusts still the favorite structure for professional services?
- What attracts the Commissioner’s attention in relation to business structures?
- What are the key issues that need to be considered for the purpose of estate and succession planning?
- Your opportunity to ask questions
Facilitator:
Daniel Arnephy, Director, Accru Melbourne; Chartered Tax Adviser
Panellists:
Sophie Cohen, Head of Partners Legal, Partners Wealth Group
Ross Higgins, Partner, Private Advisory, Mills Oakley; Chartered Tax Adviser
Jacci Mandersloot, Director, MC Tax Advisors
9.55am to 10.45am: Key Legal and Commercial Considerations on Starting a Business
- Where is the business going? The end game
- The balance between what your clients really need and cost: lawyers always talk like money doesn’t exist
- If your clients had enough of what they are doing or had enough with their partners, how do they get out?
- Dreams can turn into nightmares
- Not all marriages last
- What do you need to assist your clients to make this worth it? Realistic income budgets
Presented by John Turnbull, Partner, Private Advisory, Mills Oakley; Accredited Specialist in Business and Property Law
10.45am to 11.00am Morning Tea
11.00am to 11.55am: Capital Raising for Start-ups: Practical Tips for SME Advisers
- Structuring considerations and how they are relevant to capital raising
- Getting the house in order for fundraising
- Key issues in relation to remuneration of key personnel
- Practical tips on dealing with:
- Angel funders/ family offices
- Incubator & accelerator programs
- Venture capital funds and private equity funds
- Understanding venture capital and private equity acronyms and concepts
- Different equity funding mechanisms
- Important matters to address in the shareholders agreement and what you need to know as an adviser
Presented by Thomas Kim, Partner, HWL Ebsworth Lawyers
11.55am to 12.45pm: Should Your Clients Consider Franchising?
- What is a franchise?
- Franchising v. licensing or distribution?
- Challenges facing franchisors and franchisees?
- Key legal and commercial considerations when starting a franchise business?
- Key legal and commercial considerations when buying a franchise?
Presented by Andrea Pane, Director and Principal, ACP Lawyers
Session 2
Practical Exit Strategies
1.30pm to 2.30pm: Business Succession: A Practical Guide to Inter-generational Business Transfer
- Preparing for inter-generational succession: what are the foundations for success?
- Transferring control to the next generation: key considerations
- Transferring ownership to the next generation: key considerations
- Practical measures to prepare the next generation for succession
- Case studies: some examples of what can go right and wrong
Presented by Fiona Hinrichsen, Associate Partner – Family Office Advisory Services and Private Client Services, EY
2.30pm to 3.30pm: A Practical Guide to Maximise the Business Value and Get Ready for Exit
- Australian statistics in relation to succession planning
- Basic valuation theory could assist your clients to maximise their business value
- Maximising value: key areas of focus during a transaction
- A detailed sales process checklist as part of your client’s exit strategy
- Practical examples and case studies
Presented by Steven Perri, Partner, PKF Melbourne
3.30pm to 3.45pm Afternoon Tea
3.45pm to 4.45pm: Restructuring the Business to Better Extract the Wealth before Exit
- How does the client wish to exit and when?
- How is the business currently structured and what tax attributes does it exhibit?
- What tools does the client have to restructure and are the technical requirements met?
- Are the anti-avoidance rules an issue?
- Can the client discharge the onus of proof?
Presented by Neil Brydges, Principal Lawyer, Sladen Legal
Venue
RACV City Club
Level 2, 501 Bourke St
Melbourne 3000
VIC
Australia
Parking Information
Parking is not included in your registration. Here are some options below. RACV City Club Car Park.
Directions