SBO Education Session:
Small Business Succession Planning: Securing the Future of Your Business
Wednesday, November 20, 2024
11:00am PT; 2:00pm ET
Session Overview:
Every business, no matter its size or industry, needs a solid plan for the future. Succession planning is crucial for ensuring the continuity and success of a business when leadership changes occur—whether through retirement, unexpected events, or strategic growth. In this session, we’ll guide you through the essential steps of building a succession plan that protects your business and prepares the next generation of leadership.
Learning Objectives:
- Understand the importance of succession planning for business continuity.
- Learn the key components of a comprehensive succession plan.
- Explore different types of succession plans and how to choose the right one for your business.
- Address common challenges in family-owned and small businesses, including managing family dynamics.
Session Highlights:
- Step-by-step guide to creating a succession plan
- Tools for communicating your plan to stakeholders and employees
- Prepare your business for the future with a well-thought-out succession plan that ensures stability, preserves your legacy, and minimizes risks.
Speaker: Steven G. Foster, CMP
Steven G. Foster, CMP, is Managing Partner of Foster+Fathom, a Leadership Development Group in Dallas, TX. An award-winning speaker, author, consultant and business “bucket-filler,” Steven is 32-year member of Meeting Professionals International (MPI), where he has served in a variety of leadership roles at both the chapter and global level. In 2004 he was inducted into the MPI Community of Honorees; in 2022 was named one of MPI’s Top 50 Most Influential Members, and in 2024 received the MPI RISE Award for Meetings Industry Leadership.
Register here:
https://us02web.zoom.us/meeting/register/tZ0rcuigrTgpHdIjll49ya_f5Y1OlbKXqAdL