Outside ‘The Family’ - A Guide to Conflicts, Rewards & Success for Your Family Business Clients

Introduction

Family businesses are renowned for the difficulty that non-family members face.

This live broadcast session will explore the particular issues faced by family businesses and the resultant challenges faced by the non-family manager.

What You Will Learn

This live and interactive session will cover the following:

• Should non-family managers have an equity stake?
• How do you avoid what seems to be an almost inevitable ‘fall out’ over the conflicting interest with the family
• In what circumstances should non family managers be recruited
• Understand the dynamics in a family business and the tensions that naturally arise between ownership, management and working in the business
• Reward mechanisms
• Equity ownership
• Alternatives to and need for equity ownership
• The role of option arrangements
• Appraisal and recruitment processes
• The family constitution and its relevance to non-family managers
• Methodologies for resolving conflict
• Tax issues
• Service agreements

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.