Continuity/Succession,General Overview Programs



Building the Family Business to Last Forever

Action-oriented and down-to-earth story telling, Mike Henning's seminar addresses the special concern of family business owners, spouses, and key employees. It emphasizes the need to understand the unique pressures on the family-business owner and the process by which both management and ownership transition can take place smoothly between generations. It is an opportunity for participants to explore the key areas of business planning and to understand better many of the basic management concepts of organization, personnel, finance and accounting that are needed for successful growth and continuity in a privately-owned business.


Highlights Include:

  • An "action case study" of a past consulting client is used to demonstrate how both the business and the family can combine overall strategy for optimal success.
  • Organizing to effectively handle family and competitive needs.
  • Developing an effective estate plan that includes "justice" for all.
  • Ten techniques to transfer assets while assuring financial security for senior generations.
  • Avoiding conflict between active and inactive members of the family.
  • Guiding your children to take over the business.
  • What to do when conflict arises between children or parents.
  • Action guidelines for accomplishing your vision for the future.

Intended for:

This program dealing with business/asset transfer and continuity is for company owners, spouses, family, key non-family employees, directors, shareholders, and advisers. Avoid the mistake so many have made in the past, inviting only business owners. Seminar participants who come alone, often comment after the program how sorry they are that their spouse and children were not present.

The "Fit":

This program on Business Growth, Change, and Future Leadership will "fit" in to your meeting agenda as a management seminar. Most topics conducted by corporations and association today deal with product/service, production, sales, government regulations, industry associated skills, teamwork, etc. Our program closes the business family loop. Once the business owner has struggled for years to build a successful and growing company, now new pressures and concerns must be faced. For example:

 

Here is the key - helping to find the family's place in the company's future without destroying both the business and the family at the same time. It is truly the owner's and family's Final Test For Success.

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Henning Family Business Center
1006 N. Pembroke Ct.
Effingham, IL 62401
Phone: (217) 342-3728
Fax: (217) 342-3768
hfbc@mikehenning.com