{"product_id":"epi-dallas-chapter-event-january-24-2024","title":"EPI Dallas Chapter Event | January 24, 2024","description":"\u003cp\u003eDid you know that 50% of businesses fail because of unintended consequences?\u003c\/p\u003e\n\u003cp\u003eThese consequences can lead to bankruptcy, layoffs, and ultimately an unplanned exit as the business is forced to shut down or transfer at a price much less than what the owner wants, needs, or even deserves.\u003c\/p\u003e\n\u003cp\u003e\u003cbr data-mce-fragment=\"1\"\u003eExit Planning Institute refers to these factors as the 5 Ds. Divorce, Disagreement, Disability, Distress, and Death. To best mitigate the impact of the 5 Ds on a business and the owner's life, owners must first fully understand the negative consequences each can have on their organizations.\u003c\/p\u003e\n\u003cp\u003e\u003cbr data-mce-fragment=\"1\"\u003eWithout preparing a business should it be impacted by one of these stressors, owners are risking their livelihoods. 80% of an owner’s wealth is locked in their business, and by failing to create detailed contingency plans and legal safeguards for their business, they stand to lose the majority of their wealth in an unplanned exit.\u003c\/p\u003e\n\u003cp\u003e\u003cbr data-mce-fragment=\"1\"\u003eWe will dive deep into the impacts these 5 Ds can have on business value, how professional advisors can help mitigate the risks associated with the 5 Ds, and provide a checklist to prepare owners for their eventual business exit.\u003c\/p\u003e","brand":"Exit Planning Institute","offers":[{"title":"Default Title","offer_id":40235793186851,"sku":"","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0287\/8482\/0259\/files\/Dallas-2Lines.png?v=1705071008","url":"https:\/\/exit-planning-institute.myshopify.com\/products\/epi-dallas-chapter-event-january-24-2024","provider":"Exit Planning Institute","version":"1.0","type":"link"}