Succession Planning Webinar

Description

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. Please join the Michigan Manufacturing Technology Center (MMTC), the Flint & Genesee Chamber of Commerce PTAC and the Chamber Education & Training department for this free webinar to learn more about MMTC’s Family Business Advisor program. KEY FOCUS AREAS

• Strategy Planning
• Succession Planning
• Transition Strategy
• Family Councils
• Training Needs Analysis
• Executive Coaching
• Trusts
• Operating Agreement
• Financial Planning
• By/Sell Agreement
• "Key Man" Insurance
• Business Valuation