How to Grow Family Business

Introduction

This practical training program is designed with:

  • 16 hours training 
  • 03 months one-on-one coaching

How you will benefit

  • Understand the key drivers of growth in today's dynamic business environment.
  • Develop and implement effective growth strategies, including market expansion, product development, and innovation.
  • Enhance operational efficiency and improve profitability.
  • Explore and evaluate new business opportunities and diversification strategies.
  • Understand and address the challenges and opportunities of international expansion.
  • Develop and implement effective marketing and sales strategies.
  • Leverage technology to drive growth and improve business performance.

Who should attend

Families in Business: From Generation to Generation is intended for teams of business family members, such as:

  • A chief executive officer [or top family business leader(s)] and his or her spouse
  • Children of the business leader(s) and their spouses
  • Siblings and their spouses/partners
  • Cousins and their spouses/partners
These family members might be:
  • A manager or an employee
  • A board member
  • A shareholder
  • An interested relative, who may be an in-law

What you will cover

  • Developing a growth philosophy and change-ready culture
  • Turn destructive forces into opportunities
  • Becoming a "Master of Growth"

  • Best practices of fast-growth family businesses
  • Relighting the entrepreneurial flame
  • Evaluate the entrepreneurship is your firm
  • For a more prosperous future, first purge the ghosts from your past
  • How to tell whether your firm can handle new growth
  • A diagnostic test for "growing pains"

  • How to find out whether your business is sustainable
  • Keys to sustainable growth
  • Making effective use of an outside board
  • Recruiting CXOs who can help you grow
  • Growing and diversifying under one umbrella

  • Catch-up the market trend and your bottom line
  • Think and act of globalization

  • Creative financing without debt
  • Cultivating your banker and selling your expansion plan
  • Step up to the equity cash window
  • Tradeoffs in going public
  • Is there an IPO in your future?
  • IPO do's and don'ts

  • Create a family culture to support interpreneurship = startup inside of the family business
  • Budget for retirement to avoid killing the business
  • Teach young leaders to take responsible risks
  • Invest in the family's human and intellectual capital

  • How to win support for investing in future profits
  • The importance of business-literate shareholders
  • Happy employees drive growth
  • Incentives to align employees' work with your goals

  • Be the best you can be - not necessarily the biggest
  • Buy a new business of your current family business isn't growing
  • Improving your profit-ability

Ready to enroll

Course information

How to Grow Family Business

Your information

ARE YOU ELIGIBLE FOR A DISCOUNT?


If you enroll more than one person on the same course you will automatically receive a 10% discount (per person).

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