Chamber Connect: Around the Region - Succession Planning
Succession Planning in Family Business
Thursday, August 21, from 8-9 a.m., Country Inn and Suites - Albertville
Are you thinking about your children or other family members becoming owners of your business? If so, what steps should you take to make this a smooth transition? It’s never too early to begin planning for succession.
Preparation helps family businesses survive across generations. Only 30 percent of family businesses survive into the second generation and only 12 percent are still viable into the third.
Learn what you should be thinking about as your company prepares for the transition of ownership. Join us Thursday, August 21, from 8-9 a.m. at the Country Inn and Suites in Albertville, as Ritch Sorenson, a family business professor at the University of St. Thomas, gives a presentation about succession in family businesses. Sorenson is the academic director of the St. Thomas Family Business Center, the only family business center in Minnesota.
He will discuss the important issues to consider related to:
- estate planning
- next generation owners
- family business leaders
Get helpful information to make the right decisions for your family, the business and the future.
Chamber Connect: Around the Region is a fun and informal networking group open to all Members of the I-94 West Chamber of Commerce.
Meetings usually include networking and a continental breakfast, followed by introductions and time to exchange business leads and information.
Chamber Connect: Around the Region is hosted monthly by the Country Inn & Suites in Albertville and features presentations on a variety of topics by Chamber Members.
- You are interested in making new business connections and expanding your network.
- You'd like to strengthen current relationships with Chamber Members.
- You'd like to share an overview of your company's products and services with Chamber professionals.
- You'd like to create new business opportunities and do the same for others by learning more about the businesses in your community.
Any Chamber Member is invited to host Chamber Connect: Around the Region
Opportunities to speak at Chamber Connect events are available. Please call 763-428-2921.
Date and Time
Thursday Aug 21, 2014
8:00 AM - 9:00 AM CDT
Thursday, August 21, 2014
8:00 a.m. - 9:00 a.m.
Location
Country Inn & Suites - Albertville
6554 Lamplight Drive
Albertville, MN
Fees/Admission
There is no fee for Chamber Members to attend this event.
Not a Member? Call 763-428-2921 to learn about the benefits of Membership.
Contact Information
Chamber Office: 763-428-2921
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