Next Week’s Online Classes: ESOPs, Cash Flow, and Economic Forecast

ACEC News / Education

September 16, 2020

Next Week’s Online Classes: ESOPs, Cash Flow, and Economic Forecast

ESOP Exit Strategies and Internal Buyouts
Tuesday, September 22, 1:30-3:00 pm (EST)

Do you have an ESOP or are considering implementing one?

Learn how to maximize your ESOP benefits in the ACEC online class ESOP Exit Strategies and Internal Buyouts.

Gain a practical understanding of ESOP design and transaction basics, as well as the various tax advantages used today to maximize your ESOP experience.

Robert Massengill of Pilot Hill Advisors LLC, will explore how ESOPs are used alone and in combination with other internal strategies to assure controlled and tax-efficient ownership transitions. He’ll cover best practices for evaluating and implementing ESOP transactions as well as:

• What is an ESOP and how does it work?.
• Capital sources for ESOP transactions.
• Case studies of ownership structures with ESOPs.
• Valuation update for engineering firms.
• Important Regulatory update concerning ESOP transactions.

Click here to register.

Cash is King: Managing Cash Flow during Economic Recovery
Wednesday, September 23, 1:30-2:30 pm (EST)

In this online class, June Jewell of AEC Business Solutions, will examine how cash flows through the complete project lifecycle. Participants will gain valuable tips to improve cash flow by improving timesheet practices, reducing the billing cycle, and improving client relationships and collection practices.

Takeaways include:

• Understand how cash flow is held up in a typical A&E firm.
• Learn many tips to reduce the days from work to cash.
• Develop new best practices that will have an impact on cash flow right away.

Click here to register.

Reassessing the Current State and Outlook for the Engineering Industry
Thursday, September 24, 1:30-2:30 pm (EST)

More than six months into the Covid-19 pandemic, the country continues to battle the virus. Like the rest of the U.S. market, the AEC industry is experiencing significant volatility and uncertainty as it navigates through this crisis. This uncertainty will likely persist until we see more medical advances or at least sustained declines in new cases. However, we are gaining a clearer understanding of how the pandemic is impacting key drivers of the engineering industry and what it means for market stakeholders. Compared to just a few months ago, we are also getting a firmer grasp on the direction of the U.S. economy and what our path to economic recovery may look like.

In this online class Greg Powell of FMI Capital Advisors, Inc., will discuss the current state of the U.S. engineering market and the key factors to consider:

• The present condition of the broader economy and financial markets as well as consensus opinions on the financial outlook for the rest of 2020 and into next year.
• The varying impact of the pandemic and recession on key sectors across the AEC industry and what it means for the projections for each sector.
• Market outlook expectations among leading design and construction company leaders.
• Updated market forecast by key geographic regions.
• Some ways in which the pandemic is likely to change how we live, how we work, and how we operate in the AEC industry moving forward.

Click here to register.

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