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A1 - The Family Owned Business of the 21st Century 
June 9, 2014   1:15pm - 2:30pm
  Synced Audio / Video / Slides

A vast majority of construction companies are family owned. However, today's economic and business environments demand that these entities address more than a generic "succession plan." Learn how the CFOs of two prominent, family owned construction companies have addressed the challenges that are particular to the family owned business in order for their companies to not only survive, but thrive.

After attending this session, you will be able to:
  • Discuss the risk of family owned business failure
  • Cite the challenges and the key actions needed to prevent common pitfalls
  • Describe the benefits of a family business counselor and the steps for selection
  • Identify documents and processes needed to ensure long-term success
  • Explain how to turn family ownership into a competitive advantage

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