Most businesses have strategic plans, but many families don’t. While every family business is unique, there are five basic ways to transition a family business to the next generation or the next owner. Hear from academic and industry experts about the options for your family business. You will create an outline (plan) that you can discuss with your family. Highlights will include:

• Exit strategy components
• Effective succession plan
• Incorporating family plan into business plan
• When to consider outside management or other options for non-family business mgmt
• Estate and financial planning
• Build your bench, increase business value, and future stability