Tuesday March 17, 2015
Business Succession - Planned vs. Unplanned
1 Hr CPE - A&A
Frank P Arcoleo, Jr. - Managing Director - A. Neumann & Associates, LLC
Business Succession can come in two flavors. Unplanned is the kind of succession we’d all like to avoid – namely, exiting a business due to death, disagreement, or disability. There is a minimum of planning that should be undertaken even for these unforeseen and unwanted events. Planned succession normally means either sale or passing it to a family member under a variety of arrangements.
Frank is a seasoned management consultant with demonstrated expertise in strategic planning, information technology implementation, process re-engineering, and financial management and planning for clients of all sizes in diverse industries. Frank had been a member of the consulting division management team for Main Hurdman, KPMG Consulting, and Velocity Technology Solutions before founding his own firm in 1999. He now brings these problem-solving and analytic skills to the world of successful business ownership transitions. Frank’s background includes an undergraduate degree from Tulane University and graduate degrees from Tulane and the Wharton School of the University of Pennsylvania. He is also a Louisiana CPA (inactive)