Family Business Transition Planning - Why is it so Important?

Description

Member Event:
Family Enterprises comprise almost 50% of private sector employment in Canada (2017 Conference Board of Canada) and represent a vital sector of our economy. However, family enterprises looking to transition to the next generation face unique opportunities and challenges. In this presentation Shauna Feth, FEA, will explore some best practices to promote successful multi-generational family business succession plans that focus on good communication and governance models. As Executive Director of the Alberta Business Family Institute at the University of Alberta School of Business, Shauna is a designated Family Enterprise Advisor™ who was born into a third generation business family and has been actively and effectively promoting, educating and supporting outreach programs for entrepreneurs and business families for almost 15 years. Shauna is also an Advisory Board Member for the Centre for Entrepreneurship and Family Enterprise and Adjudicator and Project Advisor for the Family Enterprise Xchange.