Seminar on 'Avoiding Terrible Transitions in Family Business' is May 21

Seminar on 'Avoiding Terrible Transitions in Family Business' is May 21

The Center for Family Enterprise, University of St. Thomas School of Law and Opus College of Business announce a new seminar on "Avoiding Terrible Transitions in Family Business." Invest in a morning that will help you and your family better prepare to make the most of your business investment.

The seminar will be held from 8:30 to 11:30 a.m. Wednesday, May 21, in Room 201 (the Great Hall) of Opus Hall, Minneapolis campus.

Faculty members from the St. Thomas School of Law and the Opus College of Business will share guidelines that allow family businesses to prepare for and more successfully work through a variety of business transitions. They will discuss a process for planning for any type of business transition that takes into consideration all forms of capital (financial, human, market and family capital) and all important stakeholder groups that will be impacted by the transition and should have some voice.

Family businesses can be impacted by a variety of transition points, including:

  • Major business expansion
  • Acquiring a business or being acquired by another business
  • Change in management from one family generation to another
  • Change in management from family member to non-family member

A research-based concept intended to explain why family businesses often outperform other business forms will be presented.

The seminar is designed for multiple family members to attend for one fee of $200. This may include two or more family generations, spouses, siblings, or key employees who are not family members. Since space is limited, submit the names of all members of your group who will attend.

For further information and to register, call Jo Hubbard at the Center for Family Enterprise, (651) 962-4255.