How to Plan for the Long-Term: Succession, Family Business, What Happens Next?
Whether you have already built a strong business or you’re in the early stages of your business development, planning for your succession is critical to your business. Should your business be liquidated? Sold? Do you hope for a multi-generational family business? This workshop will help you consider your succession goals and how to achieve them. The workshop places a strong emphasis on estate planning, paying close attention to family dynamics and formulating succession plans that maintain family harmony. Participants will: • Be able to outline their goals • Find practical solutions, including exit strategies • Understand there may be more than one solution • Implement the documents necessary to achieve your goals. TOPICS OF DISCUSSION • Define business succession planning and its role in your company. • What needs to get done to build a plan of action and when to implement it? • The importance of mentorship. • Keeping the business in the family or not.
Speaker(s): Mavis Gragg
Fee: No Cost