Sunday, February 10, 2013 • 7:30 AM - 1:30 PM
Financial Management Symposium
Industry Update – Independents Survived and Thrived in 2012
The economy has showed some signs of improvement yet independent grocers are still experiencing inconsistent and contradictory results. While most independents have adapted to the changing marketplace, some retailers are distancing themselves from the pack with significantly higher net profit results. And many are positioning themselves for growth by acquisition. What are the secrets to their success? Hear how the industry is doing as a whole and how merger and acquisition activity is evolving. Take away key financial data points to benchmark your company and discover how to benefit from consolidation in your market.
Jon Cline, Vice President, FMS Solutions
David Schoeder, Principal, The Food Partners
Employee Stock Option Plans
Is an ESOP right for you? ESOPs offer a number of unique benefits over traditional 401K plans, including tax advantages as well as gains in productivity, retention and job satisfaction. With a dynamic and interactive panel, we’ll review the basics of ESOPs as well as considerations for setting up your own program. Discover whether an ESOP is the right approach for your organization and how to get started.
Spencer Coates, President, Houchens Industries, Inc.
Steve Lehto, Executive Vice President & COO, Reasors, LLC.
Alan Taylor, Partner, BKD, LLP
Access to Credit and Financing
Accessing a quality source of capital in a timely fashion is a key component for any growth strategy. Be ready to act when the opportunity strikes. Discover where to find funds for growth or capital development and what a typical loan structure looks like. Understand the status of credit markets and how a new regulatory focus could impact your plans. With a leading wholesaler and retailers who have recently made acquisitions, explore the information banks use to evaluate credit and highlight favorable and unfavorable credit characteristics.
Barry Silver, Executive Vice President, NCB
David Carlton, Executive Vice President, Pyramid Foods RPCS
Greg Edenfield, Vice President, Wayfield Foods, Inc.
Even though the US government just barely avoided the fiscal cliff at the end of the year, several issues are still unresolved. The national debt ceiling, government spending and high unemployment are issues which must be tackled soon and could still have a significant impact on your financial and tax planning for 2013. Understand the hottest tax issues of 2013, how they may impact individuals as well as businesses and how to keep more dollars in your pocket.
Brad Bell, Partner, BGBC Partners, LLP
Anirban Basu, a renowned economic consultant, will share findings about the current state of the U.S. and global economies, and forecast our economic future. Understand how current U.S. and global economic trends will impact the grocery industry and consumer spending habits.
Anirban Basu, Chairman & Chief Executive Officer, Sage Policy Group, Inc.