FPAM Melaka Chapter CE Workshop | Business Continuity for Family and Non-Family Business by Azhar Iskandar Hew

RM260.00

Date	8 June 2024
Time	9.00am – 5.00pm
CE/CPE/CPD	10 CE Points / 10 CPE Points / 8 CPD Points
Facilitator	Azhar Iskandar hew

SKU: N/A Category: Workshops

Business continuity is particularly important for the leaders of family enterprises. This is because when a family business is at risk, automatically the family legacy also will be affected. While many family businesses are now taking the time to implement more crisis management plans, there are chances where many of them can ignore the fundamental of business continuity risks that a family business can face: the inevitability of ownership and leadership succession.

Learning Outcome

By the end of the course, participants will be able to:

Identify the different business structures in Malaysia and explain which business structures and ownership suitable for business continuity
Understand and analyze the problems faced by business owners and their heirs when a business owner exits the business due to death, total permanent disability, comatose, disappearance or mental incapacity.
Able to determine which business continuity plan is suitable for the business owners – a buy-sell arrangement, family business succession trust or a family business foundation.
Able to explain the type of business continuity plan to be adopted for the business owners – a buy-sell arrangement, family business succession trust or a family business foundation.
Understand and present the advantages and disadvantages of the different business continuity plan using a buy-sell arrangement, family business succession trust or a family business foundation.

Learning Outline

li>Understand the power of positive thinking and mindset change.

8.30 – 9.00 am	Registration / Pre-Assessment
9.00 – 10.30 am	Business Structures in Malaysia An introduction to sole proprietorship, general partnership, limited liability partnership and types of limited companies in Malaysia Identify the suitable business structures and ownership for business continuity Business Continuity Problems When the exit of a business owner is not planned or unexpected due to death, disappearance, total permanent disability, mental incapacity and comatose, what are the problems faced by heirs and the remaining business owners. When the exit of a business owner is due to retirement, what would be issues involved for the heirs and remaining business owners.
10.30 – 10.45 am	TEA BREAK
10.45 – 12.30 pm	Suitable Business Continuity Plans for Family-Owned Business This session explains the following: the usage of family business succession trust and family business foundation, the structures and the differences between them the required shareholding for such a succession plan, the value of the business, the readiness and leadership transfer to the successor, and inclusiveness of family members into the business Case study Advantages and disadvantages of a family business succession trust and family business foundation
12.30 – 2.00 pm	LUNCH BREAK
2.00 – 3.30 pm	Suitable Business Continuity Plans for Non-Family-Owned Business This session explains the following: the usage of will and a buy-sell arrangement the structure and components of a buy-sell arrangement the matters to be agreed upon by the business owners – determination of business value, funding for the buy-out, who would be the intended purchaser and whether to use a buy-sell agreement or cross option agreement the purpose of the power of attorney and trust in the buy-sell arrangement Case study Advantages and disadvantages of a buy-sell arrangement
3.30 – 3.45 pm	TEA BREAK
3.45 – 4.45 pm	Suitable Business Continuity Plans for Non-Family-Owned Business (Continuation)
4.45 – 5.00 pm	Q&A Session Questions and Answers session for final clarifications

Facilitator

Azhar Iskandar Hew,

Azhar Iskandar Hew is the Group CEO of Rockwills International Berhad and is a Director in Rockwills Advisory Services Sdn Bhd. He was previously the CEO of Rockwills Trustee Berhad. He is trained as a lawyer and holds a law degree from the University of London. He has more than 25 years of experience in the estate planning industry as a practitioner and guest speaker in Malaysia, Singapore and Hong Kong.

Azhar is well known in the estate planning industry due to his wealth of experience in the industry. He is currently the Vice Chairman of the Malaysian Chapter of the Society of Trust and Estate Practitioners (STEP), an internationally recognised estate planning association. He has written many articles on estate planning for financial planning magazines in Malaysia and was interviewed numerous times by BFM on estate planning matters.

Azhar continues to advise clients and families in their estate plan, succession planning and business continuation to ensure that it will be carried out effectively and fulfil the intentions of the clients and their families.

Terms & Conditions

Registration is on a first-come-first-served basis, only 30 seats are available.
Participants need to sit in for the workshop throughout the day to receive the certificate and to fulfill the endorsement of points.
Confirmation is subject to receipt of payment before the workshop.
FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.

Frequently Asked Questions

1. How long will each physical program take?

Each physical program is the equivalent of a day’s CE Workshop training for approximately 8 hours with the morning & afternoon coffee break and lunch in between. The duration of the program excluding the break is 6 hours.

2. Can I attend only half the sessions of the training?

You will need to sit in for the session throughout the day unless you have a valid reason or a copy of proof.

3. Mode of payment?

We accept payment by credit / debit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).

4. How secure is shopping? Is my data protected?

Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card, and bank details cannot be retrieved by any third party. Credit card payments will also be verified through the 3D secure procedure.

5. Who should I contact if there is any transactional issue or problem purchasing any product/service?

Kindly drop a message below with the problem statement, and we will get back to you as soon as possible.