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Selling and Buying Businesses

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Category: Founders & Startups, General Community, Investors & Capital

Free

ion-open-accelerator

WHEN

Thursday

October 19, 2023
5:30 pm - 7:00 pm CDT

WHERE

4201 Main St.
Houston, TX 77002

what

Join Lenny Saizan, Business Broker and Managing Director of Urban Capital Network, for an
informative presentation on selling and buying businesses.

Event Description:
The process of selling and buying a business includes many steps and involves collaboration and
coordination of professionals across various disciplines. Quite often, sellers and buyers in the market are
going through the process for the very first time.

Business owners typically have most of their wealth tied to their business; therefore, it is important that
they maximize the value of the business and properly plan their exit strategy. For buyers,
entrepreneurship through business acquisition is a less risky path to business ownership that increases
the probability of success and generates positive cash flow on day one. Business acquisition is also a
good strategy for business owners to grow their existing business.

Lenny Saizan will discuss the process of selling and buying a business, highlight challenges and mistakes to avoid, and present the benefits of working with an intermediary. If you are a business owner, prospective buyer, or small business service provider, this event will be beneficial to you.

During the session, you can expect discussion on the following:

  • Market overview
  • When to prepare to sell or buy
  • What makes a company valuable
  • How companies are valued
  • Overview on how to recast financial statements
  • The sales process
  • The deal team
  • Taxes and insurance considerations

Presenter:

Lenny Saizan is co-founder and Managing Director of Urban Capital Network (UCN), an investment firm
focused on democratizing premium investment opportunities for a broader pool of investors. In addition
to his role at UCN, Lenny owns and operates Murphy Business Sales – Southwest Houston, where he
helps business owners exit plan, maximize value, and sell their businesses. Lenny also works with buyers
interested in business acquisition or franchising. Prior to launching UCN and his Business Brokerage,
Lenny worked 10 years in Oil and Gas, leading teams in Financial and Operational Controls, and Audit.
Lenny also worked 10 years as an Electrical Engineer, specializing in automation and controls, and systems integration. He earned a Bachelor of Science in Electrical Engineering from L.S.U. and his MBA
from Tulane University.

 

PARKING

Ion District Parking Garage

Enter 4111 Fannin Street into your GPS for directions directly to this parking garage, located a block from the Ion. Parking in the Ion District Garage is free for the first two hours.

Red Parking Lot

Enter 4203 Fannin Street into your GPS for directions directly to the red parking lot, located across the street from the Ion. This lot is for overflow guest parking and tenant parking and is free for the first three hours.

More information and access to pay online for parking in the red lot can be found here