Family Business – Protecting the Family and the Family Business
Scott Lardner, Tiffany Aryeh, Aaron Pirner, Jeff Train
Format: Audio
A panel of family business members will lead discussions on best practices for insuring the smooth running and continued success of a family business. We’ll discuss advantages and challenges, the various phases of generational businesses, how to keep the family and work balance, business structures that work, policies you should have in place, compensation models and pitfalls to avoid, all backed up with real life experiences from the panel.
At the end of this seminar, participants should be able to:
Describe successes and failures that can affect the growth of a family business
Identify where their business falls in the various types of generational businesses and what to expect while in that stage of business
Discuss how to successfully bring family members into a growing business and how to avoid nepotism and keep an even playing field in the work place
Incorporate the next generation into their business and insure a smooth transition from one generation to the next
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