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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 |
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.