Warren Averett, LLC, Certified Public Accountants and Advisors, is pleased to announce that Hanny Akl, Member and Transaction Advisory Services Practice Leader, recently earned the Certified Exit Planning Advisor (CEPA) Designation.
To earn this designation, Akl completed an intensive executive style MBA program involving approximately 100 hours of pre-course study, 33 hours of class room instruction and a proctored examination. As a CEPA, Akl’s primary focus is to provide value creation and value acceleration advisory services to business owners.
Akl will advise clients on a process that integrates business, personal and financial goals into a “Master Plan” to build and preserve family wealth. “Our plans will help business owners accomplish successful transition, and achieve first-class performance,” said Akl. “The Firm is excited to provide this service to our clients, as this is an extreme need in today’s marketplace.”
Experts predict that one in every two businesses will change hands over the next 20 years, representing transfers in over $10 trillion in wealth. Only 20 percent of privately held businesses available for sale each year are successfully sold, according to the US Small Business Administration. With the planning process that the Firm can offer, those business owners will be able to transition their businesses on their terms, their timeline, at the maximum value possible.