How Corporate Changes Affect Your Certifications and Planning Your Exit Strategy
Obtaining your WBE, DBE, MBE and other business certifications was a monumental task and the last thing you want to do is compromise them. However, any corporate changes can do just that. In addition, for most small business owners, selling any portion of a business or transferring it to family members is a once-in-a-lifetime deal and it must be done right. Changes in ownership are done for a variety of reasons. For example, an owner may want to infuse additional capital the company to assist with operating expenses or to add services or a product line to increase sales. Additionally, many owners want to start planning family business succession. Another scenario envisions a new owner looking to purchase an existing M/W/D/VBE or small business firm. It is important to understand that any ownership change will trigger a possible certification suspension or de-certification, even if there is a belief that such ownership changes are insignificant. These critical changes will be discussed in detail from a legal aspect, as well as planning for them from a financial perspective.
This important workshop is open to all FWC members and supporters and will be from 8:30 am to 11:30 am at McDonald Hopkins, 300 N. LaSalle St., LL Conference Room, Chicago. Register online at www.fwcchicago.com. You won't want to miss this!
2018 NVBDC National Veteran Business Matchmaker
Monday, September 10, 2018
Mike Witzke, Member, McDonald Hopkins, is presenting at the 2018 NVBDC National Veteran Business Matchmaker.
Real Estate Law Boot Camp
Wednesday, September 12, 2018
John Heer, McDonald Hopkins, will speak at the Real Estate Law Boot Camp.
Discrimination and Harassment, Human Resource Law: What You Need to Know Now
Wednesday, October 3, 2018
Ryan Neumeyer will present "Discrimination and Harassment" at the Human Resource Law seminar on Oct. 3, 2018 in Cleveland, Ohio.
Understanding the Intellectual Property License 2018
Friday, November 2, 2018
Stephen Rosenfeld, Member, McDonald Hopkins will speak at Understanding the Intellectual Property License 2018 on November 2.