Succession Planning Peer Group
Event Sponsors
Date and Time
Thursday Mar 11, 2021
7:30 AM - 8:30 AM EST
7:30-8:30 a.m.
Location
ZOOM
https://us02web.zoom.us/meeting/register/tZAsfumvqj4uGNRWAAKmWFGxkaVqIqEUyyI8
Webinar ID: 841 9074 5420
Fees/Admission
Free for Conway Center members.
Contact Information
Amy Dotts, COO
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Description
Operating Agreements
Without a solid operating agreement, conflict can cause harm to a family business including loss of control of the business. A thoughtful operating agreement can mitigate such harm as family dynamics change over time. This discussion will include:
- Transfer restrictions
- What happens when someone leaves?
- Death; Divorce
- Puts and calls
- Cash flow distributions
- Management – member-managed versus manager-managed
It is never too early to think about succession planning in a family owned business! This dynamic monthly peer group is facilitated by Bea Wolper of Emens & Wolper Law Firm and Meredith Sugar of Taft Law. They provide a forum to discuss all aspects of succession planning - from inter-family dynamics to strategic planning - in interactive sessions that will provide the foundation for transitioning your family business to the next generation. This program is not just for founders/owners attending together with successors or next gens is very important and beneficial.
Please register in advance:
https://us02web.zoom.us/meeting/register/tZAsfumvqj4uGNRWAAKmWFGxkaVqIqEUyyI8
After you register, an email will be sent to you from ZOOM with log-in information for the meeting.
* If you are new to ZOOM, you can test your device here: https://zoom.us/test
Printed courtesy of www.familybusinesscenter.com – Contact the Conway Center for Family Business for more information.
P.O. Box 361106, Columbus, OH 43236 – (614) 253-4820 – info@familybusinesscenter.com