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Families Mean Business

Amanda BucklowFamily businesses are the backbone of many world economies. In the US, family businesses employ nearly 63% of the workforce and contribute 57% of GDP. They are also responsible for nearly 78% of new job creation. It is highly likely that many people listening may be part of a family business or will be working for a family enterprise of some description. There are some good reasons why they contribute so much and that creates special conditions, challenges and characteristics which makes mediation very effective in ensuring the ‘specialness’ is not consumed by disputes. In this program, Amanda Bucklow will discuss what that specialness is, how to identify the early warning signs for emerging problems and what you can do about them, wherever you are in the ‘business’.

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Multi-Generational Family Business – A Guide to Successful Succession

Mary WhitesideRick Segal

Family businesses are unique and complex differing in many ways from non-family businesses. For those family businesses preparing for the next generation to transition and succeed, they need to expect all kinds of issues to arise that can cause conflict. Family members have questions and expectations: who is moving out? Moving in? Moving aside? The new generation has ideas and strategies which could very well be different from how Grandpa used to do it.  Succession planning is key to this transition process. Change does not happen over night.  Support from family business experts can frequently facilitate the way to a productive succession.

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