It’s a good time to be a family business advisor

emma_yeatsA number of STEP seminars on advising family businesses are being held over the coming weeks. Practitioners eager to develop their expertise in advising family businesses and members of STEP’s Business Families Special Interest Group (SIG) should take the opportunity to attend one, if not all, of these expert-led events.

Trustees and the Family Business

Webcast available from 26 January 2015

Dawn Goodman TEP of Withers LLP (winner of the STEP Trusted Advisor of the Year Award 2013/14), examines the trust structures typically used by family businesses, discusses participation by trustees at board level as well as the tensions that can arise, and unveils her top tips for avoiding claims.

This webcast is free to STEP Members, Business Families SIG Members and Contentious Trusts and Estates SIG members.

Structuring the Family Business

27 January 2015

Many aspects of structuring family business will be discussed during this workshop, presented by Jo Summers TEPof PWT Advice, including: what options are available for structuring family businesses; how can the next generation can be brought into the business; and do family partnerships really ‘work’? Delegate numbers are limited for this event so immediate registration is encouraged. This event is worth two accredited CPD hours.

STEP Members — GBP95

Business Families SIG Member — GBP85

Non-Members — GBP125

Family Constitutions – Statements people commit to or something of a pre-packaged product?

3 February 2015

Speakers Ian Marsh and Juliette Johnson examine the mechanics and detail of a family constitution and consider the process and benefits a constitution can bring to a family. There will then be time for a discussion as to whether it is the document itself or the process that is more valuable. This seminar is kindly hosted by Chadwick Lawrence LLP in Leeds.

This event also counts as two and a half hours of accredited CPD. Find out more here.

STEP Members — GBP55

Business Families SIG Member — GBP45

Non-Members — GBP75

Family Businesses, Reputational Risk and Brand Protection

14 April 2015

This STEP Business Families SIG seminar looks to explore the importance of reputation to the family brand and the risks of that reputation and brand being tarnished in any way. Speakers will address what best practices families, in working with their advisors, should put in place to protect businesses from any unwanted exposure and what legal action to take in the event of a crisis. The event will conclude with a networking reception. This seminar is worth two hours of accredited CPD.

STEP Members — GBP65

Business Families SIG Member — GBP55

Non-Members — GBP80

STEP Advanced Certificate in Family Business Advising – Miami enrolment closing in March

Practitioners who are unable to attend any of these seminars but are eager to strengthen their understanding of family business advising should consider studying for the STEP Certificate in Advanced Business Advising (on offer in the UK, US and Switzerland).

This qualification is valuable for any practitioner working with a family business— be they lawyer, banker, accountant, financial planner, trust manager, family office executive or any other related specialist. The course is set at the level of a STEP Diploma paper and applicants should have experience of working with a family enterprise. Intakes for this qualification are scheduled in Miami in March and in London in April as well as two intakes in Switzerland in May and September. Click here for more information and an enrolment form.

Emma Yeats is STEP’s Special Interest Group Executive. Click here for more information on STEP’s SIGs. Click here for more business families and SIG-related events worldwide

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