The document summarizes key themes and issues to be discussed at a family business workshop, including: 1. Reviewing the founder's original vision and whether it remains valid as new generations become involved in the business. 2. Motivating potential successors and examining business processes to determine the best management structure for future growth. 3. Ensuring company values and the skills/ambitions of the next generation are aligned with the business's direction. 4. Discussing the founder's plans for partial retirement or exit and succession planning both within and outside the family to ensure continuity.

1. Family Business Workshop Presented by Marcus Thompson: Contract Marketers Scotland, [email_address] Paul Dodman: Goose Island Consulting, [email_address]

6. Family Business Washing Machine Training and development Management and governance New business ideas Who should take over Availability of finance Ownership and control Family preferences Timing Delegation and letting go

9. Your Vision Issues?

11. Progressions Time Owner-manager plus employees Plus family trainee Planned handover to 2 nd generation Owner-manager plus employees Plus professional manager(s) Managers take minority stake Managers take control Family gets dividend A B Family retains control

13. Your Re-energising Issues?

16. Your Value Issues

27. Your Governance Issues