This one-day seminar will enhance your knowledge with regard to the issues and decisions encountered by businesses in the midst of decline. You will leave with a greater understanding of when a business enters decline, its stages and the alternatives available to a business in these circumstances.
Topics to be discussed include:
- The Causes And Stages Of Decline
- The Approaches To Renewal
- Tax And Legal Issues In Decline
- How A Business Achieves Renewal
- How To Deal With Bankers During Decline
8:30 a.m. - 10:20 a.m.
I. Introduction Of Program And Attendees
A. Causes Of Decline
1. Internal Forces
2. External Forces
B. Signs Of Decline
C. Stages Of Decline
10:20 a.m. - 10:30 a.m.
10:30 a.m. - 11:00 a.m.
II. Overview Of Approaches To Renewal
11:00 a.m. - 12:00 p.m.
III. Tax Issues In Decline
A. Discharge Of Indebtedness Income
B. Modification Of Terms Of Debt
C. Special Considerations For Corporations
D. Bankruptcy Considerations
E. Improving Cash Flow Through Tax Refunds
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 a.m. - 2:30 p.m.
IV. Legal Issues In Decline
A. What To Do At The First Signs Of Decline?
B. The 'Zone Of Insolvency' And Liability Of Officers And Shareholders
2:30 a.m. - 2:40 a.m.
2:40 p.m. - 3:40 p.m.
V. How Does A Business Achieve Renewal?
3:40 p.m. - 4:30 p.m.
VI. Relationships With Bankers And Investors During Decline