Title: Transfer of Business Ownership Location: Long Island City Conference Center 41-21 27th Street, Long Island City, NY 11101 Link out: Click here Description: This informative panel discussion will focus on Ownership Transfer and the implications for you, your business, your family and employees. Selling or transferring a business requires long-term planning to ensure you [&hellip
Family Business Dynamics Archive
EXIT STRATEGIES FOR THE FAMILY BUSINESS
Title: EXIT STRATEGIES FOR THE FAMILY BUSINESS Location: The Chrysler Building 405 Lexington Avenue • 22nd Floor New York, NY 10174 Link out: Click here Description: Topics include: Growing the Business to Maximize Valuation Advance Planning for an Exit Strategy Different Exit Strategies for the Family Business Estate Planning for an Exit Strategy Featuring presentations [&hellip
Next Generation Leaders Peer Group
Title: Next Generation Leaders Peer Group Location: ITAC 39 Broadway Suite 1110 New York, NY 10006 Description: This group is suitable for potential successors working in the family business. The peer group has these benefits: • A safe place where Next Generation Leaders interact with others facing similar leadership challenges. It fosters a community where [&hellip
Creating Clarity in Legacy Planning for the Family Business
Preserving wealth and/or a family business and eventually passing it on to future generations is an important consideration for most affluent family business owners. Making gifts to a favorite charity may be another. Whatever your financial objectives are, incorporating them into a written document called a Legacy Plan helps ensure that they’ll be carried out [&hellip
Creating Accountability in the Family Business
Creating accountability is one of the biggest challenges faced by the family owned businesses. At times accountability can be difficult to maintain for family members. When businesses mix family and business relationships without a structure for separating those very different areas two things can result: Family members are not managed according to business standards and [&hellip
An Integrated Approach to Transition and Exit in a Family-Owned Business
Title: An Integrated Approach to Transition and Exit in a Family-Owned Business Location: GARDEN CITY HYATT PLACE near Roosevelt Field at FIVE NORTH AVENUE Link out: Click here Description: About the Program: Managing succession in a family-owned business can be fraught with conflict. Successors often are chosen in accordance with family and ownership considerations rather [&hellip
SUCCESSION PLANNING: The often-knotty problems of family businesses trying to stay that way
Quote by Edward S. Rosenfeld: Management Versus Ownership Edward S. Rosenfeld, a family business consultant in New York City, says that an increasingly common issue in succession plans these days is working out the differences between the management and ownership of family businesses as they make a transition. As successive generations produce more family members [&hellip
Planning for Successful Transitions and Growth: A Symposium for Closely-Held Manufacturers
Title: Planning for Successful Transitions and Growth Location: Blank & Rome LLP The Chrysler Building 405 Lexington Avenue New York, NY Link out: http://www.itac.org/Events/TransitionGrowth/index.html Description: A Symposium for Closely-Held Manufacturers Topics and Workshops: >Maximize the value of your business. >Select and develop the people you need to lead your business >Manage change so conflict is [&hellip
Practical Succession Planning: Transition Planning that Works
Creating Accountability in the Family Business
Creating and maintaining accountability is one of the biggest challenges faced by family-owned businesses. An owner can be simultaneously the CEO and the father, mother, sibling, spouse, or cousin of an employee. In the absence of awareness and structure, family dynamics can challenge, disrupt, and perhaps overly influence how business gets done. When family issues [&hellip