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Back to Business Webinars: Succession Solved: How to Sell a Funeral Business

About This Webinar

After investing years of hard work to build a business with value and purpose, it is now time for you to consider your options for succession. A properly executed succession can ensure your legacy and fund your retirement, so it’s important to understand the risks and challenges involved. 

Join this panel-style discussion to learn the key elements of preparing to sell your business from experts. From choosing a successor to maximizing business value, you’ll be able to take these ideas back to your business and start planning for your future.

Key Takeaways: 

- Major challenges and risks and how to avoid them 
- Preparing your business to sell 
- Pricing your business 
- Maximizing the value of your business 
- Preparing your business for transition 
- Defining and sourcing your ideal buyer 

Who can view: Everyone
Webinar Price: Free
Featured Presenters
Webinar hosting presenter
SVP – Head of Funeral Home & Cemetery Lending, Live Oak Bank
Tim Bridgers is the Senior Vice President of the Funeral Home and Cemetery Lending team at Live Oak Bank. As a former business owner, Tim understands the challenges that business owners face. Combined with his extensive experience in financing, Tim’s team has provided $762 million in loans nationwide to owners of funeral homes, cemeteries, and cremation businesses. He recently served as a Trustee for the Selected Educational Trust board, and on the advisory board of Worsham College of Mortuary Science.

Tim and his team of non-commissioned financing experts maintain an undeniable focus on helping funeral home and cemetery owners make the right financial decisions for their business’s long-term success. Their goal is solely to help you reach your goals. Imagine speaking to a lender who understands all phases of your business and not having to explain the terminology and nuances of the funeral profession. This provides more time to establish a meaningful business relationship with you.
Webinar hosting presenter
CEO, The Foresight Companies
Chris Cruger is seen as an innovator and thought leader in the funeral and cemetery industry. His great success is based on his exceptional ability to provide comprehensive solutions to intricate business challenges that leaders in our industry are faced with. Chris continues to successfully improve Foresight’s operational and transactional services. Since joining Foresight, he has demonstrated his passion and ability to help our clients and implemented some key initiatives to further expand the company.

As one of the foremost authorities in the cemetery and funeral service industry, Chris has the knowledge to provide efficient solutions to businesses of all sizes in our profession. His passion and desire for the development of the funeral and cemetery profession come through in everything that he does.

Chris began his career in funeral service over 25 years ago as a financial analyst in corporate development for SCI, where he ultimately spent 13 years. Chris quickly rose through the ranks at SCI where he was Vice President of Business Development, responsible for Corporate Development, Real Estate, Construction and Affiliate Relationships.

Chris’ experience in the funeral and cemetery industry spans throughout North America, across five continents and 25 countries. Over the past twenty years, Chris has analyzed several thousand funeral homes and cemeteries and has a unique depth of perspective in this industry. Chris has a demonstrated cross-dimensional experience in finance, sales, transactions, and operational management with both public and private companies and their Board of Directors.

Chris has led multiple engagements on Corporate Strategy to create the long-term corporate strategy for SCI, multiple regional consolidators, and independent operators in the funeral Industry. He has an extensive knowledge of business plan development, implantation, and turnaround management.

Chris regularly consults with members of the financial community on matters related to the funeral industry and has strong relationships in capital markets.
Hosted By
ICCFA webinar platform hosts Back to Business Webinars: Succession Solved: How to Sell a Funeral Business
Webinars presented by the ICCFA.
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