Family Business Succession - Not for the Faint of Heart

Do you have the cart before the horse? Are you attempting to plan for ownership transfer of your family business before you have dealt with the difficult question of how the business will be managed? Succession is actually made up of two components: management succession and ownership succession. In the presentation, you will learn the top challenges that face businesses and families as they transition ownership. Current owners will learn how to appropriately fill roles that will be vacated by their retirement. Next generation owners will learn how to propel the process along. Join other family businesses as we explore how to get the horse in front of the cart and what potholes to avoid once the horse is where it belongs.

Come hear our guest speaker, Ms. Barbara Dartt, DVM, MS, consultant for The Family Business Consulting Group, assisting businesses with succession strategies, long-term planning, management transitions and family governance implementation, as well as other opportunities and challenges unique to family-owned businesses.