Family Business Management Recorded

Summary

This online course is for family operations facing extra challenges in terms of managing emotions, succession, professionalisation and tax planning.

Venue details:  
Online, ,
Start date & time:  
01 January 2017 00:00
End date & time:  
01 January 2020 00:00
Price: €62.50  (€62.50 Member price)
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
2.50
CPD hours:  
2.50
Speaker details
First nameLast name
Cormac Lucey

Description

Product type:  
CPD online course
Category:  
Leadership, management and personal impact

This course was originally recorded in 2015

Who should attend

This course will benefit both those managing family businesses and their professional advisors as they seek to overcome the unique challenges they face.

Course overview


The challenges facing family business

  • Sibling rivalry and family disputes
  • Lack of merit-based promotion / nepotism
  • Pressure to join the family firm succession planning
  • Undercapitalisation
  • Governance structures and professionalisation
  • Family charter / constitution
  • Mediation / resolution of disputes
  • Independent directors
  • How to get most form the board
  • Professional managers
  • Succession planning
  • Engaging and preparing the next generation
  • Matching personal development with management challenge
  • Scaling back day to day involvement by the parents’ generation
  • Planning and preparing for handover
  • Consideration of business sale as an option
  • Tax planning implications

Learning Outcomes

By the end of this course, viewer will have a clear understanding of the key challenges facing family businesses and a sound grasp of the key techniques and strategies to overcome those challenges.