29 May On Demand Webinar Series: Exit Planning Primer with Kyle Griffith
Webinar originally aired: May 27, 2020
New York is at the epicenter of the Covid-19 Pandemic in the U.S.. Across the state, residents are sheltering-in-place and dealing with the health and finance issues posed by the pandemic. Business owners, meanwhile, continue to wrestle with the devastating economic consequences of the pandemic. Many have spent time applying for relief from the government, cutting staff and expenses, and assessing how to ensure the survival of their companies.
This has had a profound impact on mergers and acquisitions activity, which has taken a backseat to other, more pressing matters. As the pandemic continues, however, middle market businesses may eventually have to buy, sell, or merge with other businesses to preserve the value of their companies.
As the crisis continues, businesses may need additional strategies to preserve the value of their firms. One such strategy is to sell or merge their business. But that is not easy to do in the best of circumstances, much less during a crisis.
We will discuss this in our upcoming webinar:
Exit Planning Primer: Options on exiting your business on your terms.
Please join Kyle Griffith, CBI Managing Partner of The NYBB Group as he moderates a discussion for Business Owners on Exit Planning. Kyle and other industry advisory leaders will be providing information on how to exit a business; which options are available and how to prepare.
- Joseph Milizio, Esq. – Managing Partner of Vishnick McGovern Milizio LLP
- Austin Bransgrove, RICP®, CExP™, Managing Associate, Wealth Advisory Group LLC
- Stephen A. White, CVA, Founder and Managing Partner of Onyx Partners Group
- Jeffrey Appleman, CPA of CFO Consulting Partners
Mr. Milizio represents start-up and established businesses, providing day-to-day general counsel and advice. He has significant experience in various areas of transactional law with an emphasis on business transactions, including acquisitions, sales, entity and owner representation, franchising, leasing, and transactional real estate matters. He represents a wide range of businesses, including retailers, manufacturers, real estate entities, healthcare providers, and other professional industries and organizations.
His diverse corporate and real estate finance experience includes the representation of both borrowers and lenders. He regularly advises clients on corporate governance, dispute resolution, and estate planning matters. As head of the Exit Planning for Business Owners Practice, he works with proprietors and other representatives as a consultant and legal advisor in planning for and implementing exit and succession strategies.
Mr. Milizio founded the firm’s groundbreaking LGBTQ Representation Practice over 15 years ago, one of the first in the nation. The practice provides legal counsel, representation, and education to the LGBTQ community in a variety of matters, including workplace discrimination, estate planning, health care proxies and living wills, prenuptial agreements, real estate, domestic partnership agreements, property co-owner agreements, spousal rights and obligations, divorce and child custody, adoptions, name changes, and gender marker changes.
He is a trusted advisor to both his personal and business clients and often serves as executor, trustee, and legal guardian.
Mr. Milizio is regularly featured in the press, including NBC, CBS, News 12, 1010 WINS, WCBS 880, Star 99.9, Newsday, LI Herald, and Long Island Business News.
He is the founding vice president of the Long Island Chapter of the International Exit Planning Institute; the cochair of the Nassau County Bar Association LGBTQ Committee; member of the Human Rights Campaign (HRC) New York Steering Committee; and the former chairperson of the of the Long Island Chapter of the National Multiple Sclerosis Society.
He is an MS Society Leadership Award recipient, the Long Island Crisis Center Pride for Youth initiative “2017 Person of the Year,” and the LI Herald “2019 Top Lawyer of Long Island” in two categories, Civil Rights and Pro Bono.
Mr. Milizio received his Juris Doctorate from Brooklyn Law School and is a magna cum laude graduate of St. John’s University. He is admitted to practice law in the State of New York and is a member of the New York State Bar Association and the Nassau County Bar Association, where he serves on the Lawyer Referral, Corporation Law, and Real Estate Committees.
Austin Bransgrove, RICP®, CExP™ Managing Associate of Wealth Advisory Group LLC
Just after college, Austin experienced profound loss with the early and unexpected death of his father. The positive impact of financial planning for his family eventually led him to pursue a career in financial service, and he joined Wealth Advisory Group in 2013. Austin received his bachelor’s degree from the University of Evansville, summa cum laude and has obtained the Retirement Income Certified Professional® designation from The American College . He is a member of the BEI Network of Exit Planning Professionals™ and is a Certified Exit Planner™.
Austin’s practice specializes in risk mitigation and wealth planning for business owners and medical professionals. His team provides expert wealth management, personal planning, and business transition planning for physicians, executives, and entrepreneurs.
*Austin Bransgrove is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative, The Guardian Life Insurance Company of America (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Wealth Advisory Group LLC is not an affliate or subsidiary of PAS or Guardian. Wealth Advisory Group LLC is not registered in any state or with the U.S. Securities and Exchange Commission as a Registered Investment Advisor. CA License#0L00236. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal or accounting professional regarding your situation.
Stephen A. White is the founder and managing partner of Onyx Partners Group. He brings over 20-plus years of finance and valuation experience ranging from investment banking, private banking and wealth management. Stephen provides valuation services for small and midsized privately held companies for a variety of services, such as commercial acquisitions and sales, establishing buy sell agreements, consulting and managing exit planning strategies, and providing services for family offices.
Jeffrey Appleman is a Director in the firm’s Manufacturing, Distribution and Business Services practice. Jeffrey has over twenty-five years of experience, both in public accounting and the private sector. During his career in public accounting, primarily at Marks Paneth, Jeffrey served small and medium sized privately held companies. With private companies, he focused on accounting operations, financial reporting and mergers and acquisitions, budgeting, internal management reporting and external reporting to third-parties.
Most recently, Jeffrey worked for B2BCFO, a financial management consulting firm. Prior to that, he served as the CFO at Love and Quiches, a domestic and international frozen food desert company and at Standard Folding Cartons, a paper converting company in New York and Louisville. As CFO, he was a key member of the senior leadership teams and worked directly with Boards of Directors, bankers, auditors and outside counsels.
Jeffrey is a CPA and is a member of the New York Society of CPAs. He graduated with a BS in Accounting from Baruch University and serves on the Board of the Association of Merger and Acquisition Advisors (AMAA) – Long Island Chapter.
Webinar moderated by:
Kyle Griffith is a Managing Partner and Principal of The NYBB Group and NYBB Commercial Real Estate, Inc.. For over nine years, he has helped small and mid-sized businesses in need of merger and acquisition and business sales services. Kyle specializes in the HVAC, Trucking and Distribution industries, but has lent his expertise to clients in a broad range of sectors.
Throughout his career, he has owned and operated several businesses. These include a family owned printing and shipping company; various online retail and serviced based businesses; a package forwarding company; and a consulting firm. These experiences have helped him hone his business development, operations, and marketing skills.
Kyle has a solid background in sales and marketing. He is also highly skilled at implementing successful marketing strategies for business owners seeking to effectively buy or sell a business in today’s market. Kyle provides top class negotiation and representation for his clients and executes proven techniques to maximize a company’s selling price and facilitate a faster sale. He takes pride in consulting with small business owners and finds fulfillment in being of service and doing so in a confidential manner with integrity and professionalism.
Kyle is an enthusiastic, caring and driven business professional committed to educating, and being an advocate for the Merger & Acquisition / Business Brokerage community. He is a proud and active member of the M&A Source and the International Business Brokers Association (IBBA).
Kyle has been awarded the Certified Business Intermediary (CBI) designation by the International Business Brokers Association (IBBA). This designation is held by fewer than 600 individuals worldwide and less than 10 in New York State. The CBI designation is granted to IBBA members who have met rigorous requirements in education, industry knowledge and experience, ethical standards and continuing education. As a CBI, Kyle is well equipped to handle the complexities of acquiring and selling privately held companies.
Kyle is has been elected to Board of Governors of the IBBA. He is presently the Co-chairman of the Member Engagement Committee of the IBBA. Kyle also chairs the Metropolitan chapter of the New York Association of Business Brokers. His efforts servicing the business brokerage marketplace has earned him the IBBA Outstanding Producer Award for 2017.
Outside of the IBBA, Kyle is also active in several associations and groups. He is on advisory board member of Caribbean Business Connections (CBC). He is an active member in both the Queens & Melville Chambers of Commerce, and he holds a Real Estate Salesperson and Notary Public licenses in New York.