With values of vacation rental management companies soaring, many managers are wondering if now is the time to sell…and what steps need to be taken to get the company ready for a sale.
At the 2015 VRMA Annual Conference in New Orleans, Oct 25-27, there are several educational opportunities to address these questions:
Financially Managing Your Vacation Rental Business
This session will provide vacation rental managers with the information necessary to financially manage their business with consistent and reliable financial reports. As expenses in the vacation rental industry continue to rise, effective financial management is imperative to providing sustainable profits. Presenter(s): Ben Edwards, Newman-Dailey Resort Properties/Weatherby Consulting
Selling Your Vacation Rental Business for Profit
As the purchase and sale market heats up, vacation rental managers are being agressively solicited to sell their businesses. This session will provide tangible techniques to properly present your business for sale, initiate discussions with prospective buyers and negotiate a fair agreement while achieving maximum value for your business. Presenter(s): Ben Edwards, Newman-Dailey Resort Properties/Weatherby Consulting
Tax Considerations in the Operations and Sale of Vacation Rental Businesses
This session will discuss several tax issues common in the vacation rental industry, recent changes in the tax code applicable to vacation rental company owners and certain techniques to avoid paying more than your fair share of tax. Edwards & Prince has also been involved in a number of vacation rental purchase/sale transactions and will discuss tangible methods to ensure preferred tax treatment when selling a vacation rental company. Presenter(s): Tony Edwards, Edwards and Prince Attorneys at Law; Jeremy Prince, Edwards and Prince Attorneys at Law.
The Art of the Deal
Gain a full understanding of the important items and criteria for buying and selling vacation rental businesses in today’s marketplace. This session provides details from both the buy-side and sell-side of current acquisitions and sales in the industry by two of the leading “deal guys” in the vacation rental space. Presenter(s): James Olin, C2G Advisors LLC; Ben Edwards, Newman-Daily Resort Properties/Weatherby Consulting