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Earn CMP credits!

ALL education sessions at this year's conference are approved by The Events Industry Council to count toward your CMP certification. Keep your professional status up-to-date while enjoying and learning from this incredible lineup of speakers.

Exit, Transition & Succession Planning for Caterers

Carl Sacks  (Executive Director, Leading Caterers of America)

Location: 8C

Date: Tuesday, February 13

Time: 11:15 am - 12:00 pm

Pass Type: All Access, CS Conference Pass, CS Premium Pass, Combined CS/TSE Education Pass - Get your pass now!

Track: CS-Business & Professional Development

Theme: LCA member

Vault Recording: TBD

Leading Caterers of America

Most caterers have a colorful back story about how they first happened into the catering business, but few caterers have a well defined exit strategy. In this session, catering industry financial guru Carl Sacks will discuss various scenarios for caterers nearing the end of their working career, and how they might be implemented. Specific topics include:
• What are the various exit options for going concern caterers
• How to develop and implement a generational family transition plan
• What are the options for transitioning out of a catering business if there are no family members to take over
• What types of support do you need for a transition
• Are there buyers for catering companies interested that are interested in selling