In recognition of the changing face of the work truck industry, the NTEA recently surveyed members to gauge their interest in obtaining more information on business transition planning.
Due to the amount of resoundingly positive feedback, the NTEA will offer an in-depth workshop at The Work Truck Show 2010 on this topic for free and for NTEA members only. “Ensuring Your Business Survives You” will be held on Thursday, March 11, 2010 from 9:45am–11:30am at The Work Truck Show and will provide insights into the process for effectively transitioning a business to a third party, employees or family members.
As an exclusive benefit of membership, you are invited to attend this informational workshop for FREE.
During this session, Mike O’Malley, consultant, lecturer and executive coach; and Paul Bernhard, CPA for Plante Moran Financial Advisors (Auburn Hills, MI), will highlight the financial and psychological aspects of the planning process.
Attendees will learn:
- How to distinguish between real and emotional obstacles to succession planning
- How to evaluate different transition options
- Strategies for overcoming the stress of how others will react to your choices
- How to establish an adequate planning horizon and timeline
- How to identify and use family and business resources that can aid in your planning process.
Each session attendee will be entitled to a 30-minute personal phone consultation following The Work Truck Show.
For additional information on business transition planning, visit www.familyinbiz.com.
How to Register
This session is free and offered to NTEA members only. You must be registered for The Work Truck Show in order to attend. If you have not yet registered for The Work Truck Show, act now.
To register for “Ensuring Your Business Survives You,” e-mail registrar@ntea.com and provide your complete contact information, including name, company, title, phone number and e-mail address. You will receive a ticket for this session when picking up your badge on-site at Registration.
For more information, please call the NTEA at 1-800-441-NTEA (6832).
Presenter Information
Mike O’Malley is a consultant, lecturer and executive coach. He works with family businesses internationally, advising them on strategy, governance, leadership and succession. He specializes in developing solutions for relationship problems among family business members, outside stakeholders and management. Visit his Web site at www.familyinbiz.com.
Paul Bernhard is a CPA for Plante Moran Financial Advisors. He specializes in assisting family-owned and closely-held businesses throughout the various stages of business transition planning, including financial, estate, strategic and ownership transition planning; leadership and management training; family dynamics; and personal growth and development.