Whether you lead a family business or is struggling to get the family to support you on your entrepreneurial journey this session is for you.
Time: 60 – 75 min
What you will learn in this Masterclass:
- What is a Family Business?
- Family business systems
- The role of the family in the business
- Challenges faced by family businesses
- Next generation empowerment
- Managing Conflict
- Developing governance framework to ensure continued success
- Case Study – share a case about a family owned business and their challenges and how they managed to deal with them
- Questions and Answers
“Connecting the Roots, Building Networks Together for Profit and Purpose”
Family businesses make up a significant number of businesses for most groups worldwide.
However, family business is less the norm for Caribbean entrepreneurs of colour and their peers in diasporic markets. Still there are Canadian mainstream entrepreneurs and others who do not have the support of family in or behind their businesses. Many are stressed knowing their will be no one to carry on manage, grow or maintain their investment.
As a family business better support the functions of nuturing, wealth creation, and transfer of wealth. Caribbeans are late and must work hard on this leg of our development to grow strong family businesses.
This session provides and opportunity for families to work together for accelerating SDG# 1 ― No Poverty ; SDG #5― Gender Equality and Equity ; SDG #10 ―Reduced Inequalities in developed and developing countries; SDG # 3 ― Health and Well-being and SDG #8 Decent Jobs and Economic Growth.
Who Should Attend
Entrepreneurs, their spouses and children. This session will be participartory
Single or young entrepreneurs who struggle to get their family to understand their journey, to respect their profession or to get on board with them
And comes with perks, a chance for 3 families to win one free assessment each of their existing status and some guideline to what they can apply to take their family business to the next level.