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LOOKING AHEAD: Josh Daly, left, co-founder of Local Return, says the retirement of manufacturers without a succession plan is a “huge economic development issue.” With him is Nancy Forster-Holt, clinical associate professor at the University of Rhode Island’s College of ­Business. 
PBN PHOTO/­ELIZABETH GRAHAM

R.I.’s manufacturing sector braces for owner exits

A wave of retiring business owners is about to reshape Rhode Island manufacturing, where 80% are approaching an exit without clear succession plans. At least,...
VALUE JUDGMENT: Karen Rice, a certified valuation analyst at the Providence accounting firm Kahn, Litwin, Renza & Co. Ltd., says it is important for business partners to agree early on about how the value of a company will be calculated to determine how an exiting partner will be compensated. 
PBN PHOTO/­MICHAEL SALERNO

When starting a business, don’t forget about the exit

When starting a new business, the last thing on an owner’s mind is the moment they will walk away from it. But drafting an...
RETHINKING THINGS: Kevin A. Papa, a partner at Piccerelli, Gilstein & Co. LLP, says he’s hearing from a larger number of small-business owners who are reexamining how their company fits in their life and are thinking about an exit strategy. 
PBN FILE PHOTO/ELIZABETH GRAHAM

Owners looking to cash out are keeping valuators busy

In a time of economic upheaval involving sky-high inflation, supply chain problems and staffing shortages, following two years of disruption that came with the...

DiSanto, Priest & Co. Strengthens Litigation and Valuation Services with New...

(Warwick, RI) – January 26, 2021 – Pamela Oliver, CPA/ABV, CDFA, MAFF, joined DiSanto, Priest & Co. as a Partner on January 1, 2021....
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