Preparing Your Family Business for 2025 and Beyond

Family-owned businesses face distinctive challenges in managing day-to-day operations while preparing for the future. Many struggle to preserve generational wealth, plan for ownership transitions, and balance the personal dynamics that come with running a family business. Short-term operational concerns often take precedence, leaving long-term planning on the back burner.

This Lunch and Learn session, Preparing Your Family Business for 2025 and Beyond: What's Holding You Back?, will focus on the most pressing issues faced by family businesses today, including estate and succession planning, managing generational wealth, and addressing family matters that impact business operations. We will explore strategies for transitioning from reactive, short-term decision-making to proactive, long-term planning that ensures your family business's sustainability for years to come.

Key Topics:

• Shareholder agreements
• Communications and policies
• Importance of company vision and culture.
• Education and preparation of the next generation
• Balancing short-term and long-term planning needs