Session Information
2012 North American Farmer's Direct Marketing Convention
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Exit Planning - Basic Options to Consider
Track : Innovation Day
Program Code: 200
Date: Thursday, February 16, 2012
Time: 11:15 AM to 12:15 PM  EST
Location: Amphitheatre
SPEAKER :
 Alex White, Virginia Tech College of Agriculture and Life Sciences
Description
Too often, business owners do not think about “life after business” BEFORE they get out. The earlier you start to plan, the more tools and options you will have at your disposal. This session will discuss the major issues that a business owner should consider well before they exit the business. Topics will include: bringing the next generation into the business – good idea or bad idea; sources of income needed to meet your living needs; potential tax implications; and developing an exit strategy that includes a projected timeline.