Succession Planning for the Ironworking Industry: For Contractors and Fabricators (Training)
Tuesday, October 3 (8am) - Wednesday, October 4, 2017 (4:30pm US/Eastern)
DoubleTree Philadelphia Airport
4509 Island Avenue [map]
Philadelphia, PA 19153
The Succession Planning for the Ironworking Industry is for Contractor/Fabricators and Future Leaders and targets the major transition options available including management succession and transferring ownership to the next generation.
Day One: Strategy
Day One of the program includes an overview of ownership transfer and management succession. In this session participants will learn about the effects of inadequate planning and develop strategies to overcome related issues. They will learn how to identify the key stakeholders in their business succession plan and will develop an action plan for achieving goals throughout the process of transition. Participants will learn ways to develop leaders and managers within their company and will explore the role of coaching and mentoring in the development process. They will gain an understanding of the changing roles of the existing and new, emerging leaders.
Day Two: Mechanics
Day Two of the program participants will address valuation of the business and the realities of the buying and selling process based on the current acquisition market, including the impact of being a signatory contractor and the potential unfunded pension liability. They will learn about techniques and different approaches for transferring ownership, including ways corporate structures impact situations. They will also discuss the necessary managerial components of a contingency plan along with consideration of key elements of estate, gift tax, insurance and compensation.
Instructors: Matt Kennedy, FMI Corporation & Stuart Phoenix, FMI Corporation
Who Should Attend:
The Program is recommended for contractors/fabricators who are transitioning ownership of their company and future leaders transitioning to an ownership role.
These fees are available through 10/03/2017
|Member (Refundable Upon Completion)||$100.00||
Cancellation and Other Policies:
Contractors, please note that you must pay a $100 refundable deposit to attend, which will be refunded to you or your organization upon completion of the course.
You may cancel with at least 14-days notice and receive a deposit refund. Cancellations with less than 14-days notice and No Shows will forfeit the deposit.
Please contact IMPACT at firstname.lastname@example.org or (800) 545-4921 if you have any questions.
Is Media Allowed?
The nearest airport is Philadelphia International Airport.
Ms. Elaine Darby
Administrative Assistant to the CEO
Phone: (202) 393-1147
Fax: (202) 393-1148