Succession Planning 101- Generational Planning

November 20, 2019 11:30 AM - 1:00 PM (EST)

Description

The goal of this workshop is to provide participants with a set of tools and framework for identifying and analyzing key issues attendant to family business succession planning. The workshop is designed to highlight key areas of  potential concern, identify do's and don'ts, and to provide a framework for internal discussion.

With an emphasis on generation planning, this program will focus on the key issues within family business succession planning. Areas of focus include:

  1. Family owned business planning strategies. 
  2. Identifying a successor.
  3. Transitioning the current owner.
  4. Managing non-successor candidates.
  5. Business valuations. 
  6. Creating and financing the liquidity event.
  7. Internal and external communications.
  8. Allowing change and establishing time lines.
  9. Common mistakes to avoid.
  10. Minimizing estate and income taxes.



About the speakers: 

Raymond Strothman, President and Chairman of Strothman and Associates, has presented many seminars on family business succession and business valuation topics.  In 2016, he published a chapter in a UK CLE publication on “Family Business Succession Planning”. He is the founder of Louisville-based Strothman and Company. He currently facilitates a CEO Roundtable for the UofL Family Business Center. 


Matthew Saltzman is a national speaker for many different organizations including GFOA, Part I, US Congresswoman Nancy Johnson, and FPPTA. He hosted his own radio show for over 7 years and has spoken locally for ACG, CNPE, and Strothman University. In his professional practice, he regularly facilitates and mediates family businesses.

Time

11:30am - 1:00pm

Location

Strothman + Company

325 West Main Street, Suite 1600, Louisville, KY, 40202, United States

Contact Information

Family Business Center
Name: Jocelyn Deamer
Phone: 5028527815
Email: jocelyn.deamer@louisville.edu

REFUND POLICY We do not currently offer refunds for registration fees. Except in the case of severe weather, or unexpected event cancellations outside the control of Family Business Center. Please send someone in your place if you are unable to attend.NON-SOLICITATION POLICY I understand that this is an educational forum and a non-commercial networking environment. I will not solicit potential clients at this event, nor will I distribute any promotional materials unless I am the event sponsor.CONFIDENTIALITYI agree to keep confidential any identifiable information disclosed, discussed, and/or provided at any of the FBCs programs, without the prior written consent of the FBCs Director and the member who is the subject of the information.RIGHT TO USE OF IMAGEI hereby grant to the University of Louisville Family Business Center the right and unrestricted permission to use my name, likeness, image, voice, and/or appearance as such may be embodied in any photos, video recordings, audiotapes, digital images, and the like, taken or made on behalf of the Family Business Center and its partners.If you are a UofL student, faculty/staff, or Roundtable facilitator please contact jocelyn.deamer@louisville.edu to register for this event.

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