4/21 Succession Planning for Closely Held Businesses

According to the Family Business Institute, more than 60% of family businesses fail upon the first generational hand off, so successful entrepreneurs face a significant challenge when deciding whether to hand their business off to the next generation and/or recruit new leadership.Join us to learn guidelines for how to preserve the value and legacy of your family business.

You'll Learn More About:

• How to identify and establish a system for the leaders of the business to approach and solve tomorrow's challenges
• Avoiding key family and key employee conflict
• Retaining key employees
• Driving profitability, cash flow and business value
• Developing Key Performance Indicators (KPI's) that focus on the future business goals
• Understanding the impact of change in leadership onemployee and customer retention
• The Family Office Concept and its utilization for governance of both the business and the family affairs

Join us to learn guidelines for how to preserve the value and legacy of your family business.