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X-WR-CALDESC:Events for Whanganui Business Chamber
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DTSTART;TZID=Pacific/Auckland:20230721T120000
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DTSTAMP:20260703T031537
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UID:12068-1689940800-1689948000@businesswhanganui.nz
SUMMARY:POSTPONED:  What's Next? Succession Planning\, Exit Strategies\, Creating a Legacy
DESCRIPTION:DUE TO A CHANGE IN SITUATION THIS EVENT HAS BEEN POSTPONED AND A NEW DATE WILL BE SET IN NOVEMBER. WE WILL LET YOU KNOW ONCE THIS IS CONFIRMED. WE APOLOGISE FOR ANY INCONVENIENCE THIS MAY CAUSE. \nPlanning for the future and ensuring a lasting legacy can be a complex task. As you contemplate your exit strategy\, you may be unsure about the best approach — do you sell outright\, transfer ownership to family members\, transition leadership while retaining ownership\, or consider a management buy-out? Additionally\, if there will be only one successor\, how do you identify them\, and how do you manage potential fallout among other family members? These are important considerations that require careful thought and planning. \nThat’s why we invite you to join us for an extended Business for Lunch workshop led by Jim Bibby\, an expert in the field. Jim has extensive experience in business and governance\, and is President of the German New Zealand Chamber of Commerce. In this session\, Jim will provide invaluable insights into family business succession planning and help guide you through the process of creating a lasting legacy. \nDuring this workshop\, you will: \nExplore various exit strategies: Gain clarity on the different options available to you\, including their advantages and disadvantages\, so that you can make informed decisions aligned with your goals and values. \nIdentify successors and manage expectations: Learn how to identify potential successors within your family and develop strategies to minimize conflicts and manage expectations among family members. \nPlan for a smooth transition: Develop a comprehensive succession plan that outlines the timeline\, roles\, and responsibilities for the transfer of leadership and ownership. Discover effective communication and governance strategies that will ensure a seamless transition and preserve family harmony. \nThis workshop will provide you with practical strategies\, real-life case studies\, and the opportunity to connect with other like-minded business owners who are facing similar challenges. By attending\, you will gain the knowledge and confidence to make informed decisions about the future of your family business\, ensuring a successful transition and a lasting legacy. \nDon’t miss this unique opportunity to benefit from Jim Bibby’s expertise and gain valuable insights into family business succession planning. Start shaping the future of your family business today and create a legacy that will endure for generations to come. \nLunch included. \n 
URL:https://businesswhanganui.nz/event/what-happens-next-family-business-succession-planning-and-creating-a-legacy/
LOCATION:Business Whanganui – Chamber of Commerce\, 139 Guyton Street\, Whanganui\, 4501\, New Zealand
CATEGORIES:Events,Learning for Business
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