Family Business Succession
Provider: Mason Contractors Association of America
Discipline: Ethics & Business Practices
The biggest challenge masonry companies may face is survival beyond its original founder. Less than one-third of all family businesses make it to the second generation; less than fifteen percent to the third generation and beyond. And with the state of the current economy, it's not getting any easier. In spite of these daunting statistics, however, more than 20 million family businesses are thriving in the United States today.
What are their secrets to longevity? Attend this session and learn the financial techniques and tools you will need to create a proactive "succession" plan to assure the long-term survival of your business and estate assets. You'll find out how to avoid "auctioning off" your company to raise capital for Federal Estate Taxes, avoid life insurance problems that could cost millions of dollars, address financial compensation for active and inactive children in the family business, and much more!
Family members (regardless if they are active in the family business) are encouraged to attend.
For more information please visit www.masoncontractors.org or contact Mason Contractors Association of America at 800-536-2225.
Future Dates and Locations
|No courses scheduled|