11:30 a.m. – 1 p.m., The Pinnacle
You’ve worked hard and made many sacrifices to build a successful business. That’s why it’s important to put the same amount of energy into protecting your business.
The UT Center for Family & Privately-Held Business and MassMutual have put together a panel of family business experts to help you address critical transition issues, including:
- What happens to the business when the owner unexpectedly exits or retires
- Who is the right successor
- How to attract, retain and reward key employees to the success of the transition
- Ways to minimize tax burden through the process
The reality is that many business owners spend the majority of their time working in their business and not on their business. This means that many critical planning issues go unaddressed, which may create adverse implications for the company’s success and viability in the future. Owners, future owners and current leadership should attend this forum and take the first steps toward continued, long-term success.
This lunch event is free for UT Center for Family & Privately-Held Business members and sponsors.
Non-members can attend for $15/person. Register online by Wednesday, September 9, 2015.
Outside Boards: Do you need one? How to start one.
Tuesday, September 29, 2015
Savage and Associates Business Complex, room 2160
Having a board of directors and maximizing its usefulness may not be high on your list, but as your business grows, having an active board can provide significant advantages. At this mini-forum, a team from Eastman & Smith will cover:
- Why you need a board
- The different types of boards and which is right for you
- How to establish and maintain your board
- Compensation, fiduciary responsibility, legal liability, and many more questions you’ll have when establishing a board!
An outside board is a vastly underutilized business resource, yet a proven, best practice for family businesses. Think of it this way: If Warren Buffett and Steve Jobs, two of the greatest business leaders of our time, relied on outside perspectives for their crucial business decisions, maybe it’s a valuable strategy you should consider.
This is a members-only event. Please register to attend online by Thursday, Sept. 24.
Archived mini-forums (members-only events)
Archived forums (community events)