SAN MARCOS, Texas -- The Greater San Marcos Partnership (GSMP), in partnership with the City of San Marcos and Simonet Financial Group, will offer free training for business leaders on exit and succession planning.
The training, titled “Getting the Most out of your Business – A Guide to Exit and Succession Planning” will take place on Tuesday, August 23, at 10 a.m. at the San Marcos Public Library located at 625 E. Hopkins Street. The training is offered in a hybrid format with in-person and virtual sessions available.
The training will be led by Bill Simonet, CFP®, AIF®, CEPA®. Topics to be covered at the training will include business valuation, key employee retention, succession options, tax liabilities and more.
“Knowing how to successfully pass down a business is just as critical as it is to know how to start and grow a business,” said Maggie Gillespie, GSMP manager of business retention and expansion. “Roughly 50 percent of small business owners are looking to transition their company within the next two years, but only about 20 percent have actually developed a succession plan.”
The educational event, a part of the Small Business Series for Hays and Caldwell County businesses, is one of several upcoming seminars and trainings that are focused on the needs of local businesses. To register for the event and find out more about the series, visit GreaterSanMarcosTX.com/events.
About the Greater San Marcos Partnership
The Greater San Marcos Partnership (GSMP) is the 501c6 regional economic development organization serving the city of San Marcos, and Hays and Caldwell Counties focused on positioning the region for a wider diversity of quality jobs with higher wages. The GSMP mission is to increase economic opportunities for all in the heart of the Texas Innovation Corridor.
About Bill Simonet
Bill Simonet is a Certified Financial Planner professional and managing Principal of Simonet Financial Group, LLC. He has over 10 years of experience in the financial services industry and is committed to helping empower individuals, businesses, and families to take the financial steps necessary to live their dreams. Bill’s leadership and motivational talents developed while serving as a U.S. Marine. He is a decorated Operation Iraqi Freedom veteran and continues to serve needs of the community by serving as Bugler for Military ceremonies, volunteering in local events, and mentoring young students. Bill has earned a strong reputation for honesty and integrity. He develops highly personalized financial plans for his clients and works diligently to help implement planning recommendations. As a result, most new client relationships are created through personal introductions from existing clients and partners.
GSMP MARKETING & COMMUNICATIONS MANAGER