There is no more impactful way to sustain the value and legacy of a company than to position the right family members for leadership and ownership succession. Unfortunately, statistically speaking, only 1/3 of family businesses successfully continue even through a 2nd generation. For a multitude of reasons, sustaining value and continuing the legacy of the family business continues to be a challenge and arguably may get even tougher. In this panel discussion, you will hear from next generation family members about how they successfully grew the value and continued the legacy of their family’s business along with their insights and best practices to safeguard the business value, and prepare the next generation for a successful transition.
At The Business Value Forum on December 12th, moderator David Karofsky, will facilitate a conversation addressing how to sustain the value of a family enterprise – for the near and long terms.