Successful Succession Planning: Building the Next Generation - GGOL-EF

Date/Time: 
Jan 11 2012 - 9:00am

Succession is the key communication test for a family business; in effect it is its final exam. The senior generation may find it is hard to let go; the successor generation wants to know “what the deal is”. This session will outline the issues and tasks of starting a successful transition plan:

• What is transition planning and where do we start?
• What are some of the land mines that sabotage family business transition planning?
• How do we begin to transfer management of the business?
• How can the next generation be brought into ownership of the family business?
• Is our current form of ownership best suited for our future?
• What do we want our shareholder agreement to accomplish?
• Does life insurance have a place in our transition plan?

Session Type Redundant: 
Gen NEXT