SUCCESSION PLANNING FOR THE FAMILY OWNED BUSINESS
The history of family owned businesses has not.been the most rewarding experience for some, whereas for others it has been quite a welcomed opportunity. This workshop will explore the themes that any family firm must address to ensure successful transition and longevity with a minimum of stress and conflict. The key elements of family succession plan explored are : Family and Business Values; Status of the Family's Current Assets and Estate; Current Status in the Event of Death or Disability; The Process of Choosing a Successor; Working in the Family Firm; Business Maintenance and Growth; The Monitoring Process.