Succession: Growth & Sustainability (Schmieder) – Elkhart, IN

As of 5/11/2015, this event has been moved from Morris Inn to The Lerner.

Only 30% of family owned businesses successfully transition from first to second generation. How ready is your business, family and leadership for this transition?

Registration is from 7:30 A.M. to 8:00 A.M.

Both leadership and ownership succession and need to be coordinated to avoid risking business disruption. A number of planning elements need to be in place for an effective transition of a family or closely-held business. While challenging, creating a success strategy ensures the business remains viable, financially independent and positioned for continued growth from one generation to the next.

This session will cover those critical planning areas that need to be aligned for a successful transition, including:

• Understanding succession options
• Generational transition: readiness, preparing the next generation and exiting options
• Alignment of family interests and avoiding interfamily conflict
• Balancing of financial returns: valuation
• Estate and Inheritance issues: life and estate planning

Please join us for this exclusive, invitation-only event presented by one of the country’s foremost experts on succession planning.