MMTC Webinar: Family Business Advisor Program

Description

Michigan Manufacturing Technology Center (MMTC) is presenting this free webinar for anyone interested in more information on this succession planning opportunity. It’s a fact; all business owners will exit their business at some time. When it happens, and with how much control depends on their preparation. Owners spend a lifetime building their businesses but often give little thought to what will happen before they are ready to retire. Without a well-developed plan, the business will suffer disruptions, projects will come to a halt and employee morale will fall. The continuation of the organization may become unclear. Failure to plan could sow the seeds for costly litigation, as expectations about unreasonable wealth distribution and rights to ownership may have been formed. Key Focus Areas