Overview
This series of webinars will focus on managing and growing your business.
In this final chapter on Succession Planning Gavin will set out the options that are available to you and suggest ways to organise your path towards retirement from the firm.
The module ends with a discussion of steps to be considered as part of your eventual exit from the firm. If these steps are followed, they should ensure that the succession plan is well developed and in place and that you, as a retiring practitioner, can look forward to a busy and interesting time knowing that your firm is in good hands and will continue as a profitable entity.
Content
This webinar will cover (but not limited to):
- Succession Plan Part 3
- Recap of Succession Planning Parts 1 & 2
- Selecting your options
- Fair market value – Science vs. art
- Valuation methods
- Capitalisation of earnings
- Rule of thumb
- Net book value
- Discounted cash flow
- Weighted Average Cost of Capital (WACC)
- Calculating WACC
Presenter
Gavin Douglas, CEO, Reach Advisory
Gavin has BCom and BAcc Degrees from the University of Witwatersrand. He completed his articles and CA(SA) at Deloitte. He was appointed a partner at Mazars in 2004. The exposure he received as a partner into the intricacies of Corporate Business, especially the effects these could have on Small to Medium Size Businesses as well as Start-up Businesses, lead Gavin to start his own advisory business in 2016.
He is certified in the 7 Stages of Small Business Success methodology of growing businesses. He coaches and consults because the value added to the client is measured by positive re-actions. He enjoys knowing that he has made a positive contribution to each client’s success.
Gavin provides strategic planning and growth strategies; business coaching; outsourced accounting and payroll; general business advisory; project management. He is also a trainer and facilitator.
Who should attend
These webinars are aimed at all accounting practitioners and practice owners/managers who want to know how to improve the running of their practice and increase their profitability and productivity.
CPD
Attending the webinar will accrue 1 hours’ CPD for members of a relevant professional body such as ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA.