Family Business Succession

This program is intended for financial advisors, private bankers, business consultants, and certified public accountants who advise family businesses in succession planning. Participants will gain knowledge and understanding of the unique dynamics of family businesses, the complexities family business owners face, and how to advise them as they plan for the inter-generational transfer of their business.

Areas of Study:

• Family/Business Dynamic: Enable participants to understand and effectively manage the delicate balance between family and business in the context of succession planning.
• Generational Values and Communication: Equip participants to understand and bridge generational gaps in values and communication styles.
• Governance and Leadership Development Models: Educate participants on various governance structures and leadership development models pertinent to family businesses.
• Business Valuation: Impart knowledge and skills for accurately valuing a family business in preparation for succession.
• Preparing Generations for Succession: Prepare both senior and next-generation family members for the transition process.
• Resource-Based Business Challenges: Equip participants with the knowledge to understand and advise natural resource-based family businesses.
• Estate Planning Communication: Train participants in effectively communicating the critical need for estate planning in the succession process.