Transition Planning for Closely Held and Family-Owned Businesses

Businesses owned and operated by a family or a small group of owner/operators are a unique breed.  The dynamics of the interpersonal and business relationships among owners and management are complicated at best and downright maddening at their worst.  What does the future of such a business look like and “what’s next” for its ownership and employees?  In this hour-long session, Josh Bobich, an attorney in Ballard Spahr LLP’s Owner-Managed Businesses practice, will tackle and explore the multitude of considerations that face closely held and family-owned businesses in the lower-middle market when it comes time to plan for a business and/or life transition, whether it be a transfer to the next generation, a sale to key employees or a third party or, *gasp* , riding out a lifestyle business to the bitter end.

This CLE is approved for credit through April 28, 2021.

Presenters:
Joshua A. Bobich  | Associate | Ballard Spahr

CLE Credits:
1.0 Standard CLE Credit | Event Code: 354736

Cost:
HCBA Members:  $20.00
Non-HCBA Members:  $40.00

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$40.00