Family Business Center

Education for Your Business Family

Family Business Breakfast Series: Leadership Transition – Handing over the Reins

Friday, October 31, 7:30 a.m.

Stepping down can be a very complicated matter, raising more questions than answers:
  • What do incoming and outgoing leaders need to do before the transition?
  • What implications will this have on the family? The business?
  • What does “retirement” for the outgoing leader look like?

Hear from successful family businesses that have gone through leadership transitions. Learn lessons from their experiences, goals they set for the final years running the business, what the years after stepping down look like, and what family members and business advisors did to make it a smooth transition.

Keeping family businesses viable across generations isn’t easy. Only 30 percent survive to the second generation and just 12 percent to the third. After this discussion, your family will be better prepared to transition the company at the time that’s best for the business and the company, and lay groundwork for future generations to come.

Event Details:
Friday, October 31, 7:30 a.m.

University of St. Thomas
Opus College of Business
1000 LaSalle Ave
Opus Hall
Room 201/202
Minneapolis, MN 55403

A note to family business advisors: The breakfast series is restricted to members of family businesses.