Advanced Certificate in Family-Owned Business Succession Management

Tuesday, 04 February 2025 13:41:45

International applicants and their qualifications are accepted

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Overview

Overview

Our Advanced Certificate in Family-Owned Business Succession Management is designed to equip learners with the essential knowledge and skills needed for success in today's dynamic digital landscape. This course provides flexibility and accessibility for students worldwide, allowing them to study at their own pace and convenience.

Through a comprehensive curriculum, students will gain a deep understanding of the complexities involved in managing family-owned businesses and navigating succession planning.

With no case studies or practicals involved, this program focuses on theoretical concepts and practical strategies that can be applied directly to real-world scenarios.

Join us and take the next step towards ensuring the long-term success of your family business.

Are you ready to take your family-owned business to the next level? Our Advanced Certificate in Family-Owned Business Succession Management is designed to equip you with the knowledge and skills needed to navigate the complexities of passing on your business to the next generation. This comprehensive program covers key topics such as estate planning, leadership development, and conflict resolution within family businesses. Our expert instructors will guide you through real-world case studies and practical exercises to help you develop a customized succession plan that ensures the long-term success of your business. Take the first step towards securing your family's legacy today!

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Introduction to Family-Owned Business Succession Planning
• Strategic Planning for Family-Owned Businesses
• Governance and Leadership in Family-Owned Businesses
• Financial Management for Family-Owned Businesses
• Legal and Tax Considerations in Succession Planning
• Conflict Resolution and Communication in Family-Owned Businesses
• Estate Planning and Wealth Transfer Strategies
• Managing Generational Transitions in Family-Owned Businesses
• Implementing Succession Plans in Family-Owned Businesses
• Case Studies in Family-Owned Business Succession Management

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@LSIB.co.uk

+44 (0) 20 3608 0144



Career path

Family Business Consultant
Succession Planning Specialist
Family Business Advisor
Family Business Coach
Family Business Facilitator
Succession Management Specialist

Key facts about Advanced Certificate in Family-Owned Business Succession Management

- Gain expertise in family-owned business succession management through a comprehensive curriculum
- Learn strategies for successful transition planning, governance, and leadership development
- Understand the unique challenges and dynamics of family businesses
- Acquire skills to navigate complex family relationships and business structures
- Enhance your ability to facilitate communication and decision-making within family-owned businesses
- Develop a tailored succession plan to ensure the long-term success and sustainability of the business
- Industry-relevant content designed for current and future family business leaders
- Practical insights from experienced instructors and industry experts
- Networking opportunities with peers facing similar challenges in family-owned businesses
- Interactive learning environment to apply concepts to real-world scenarios
- Prepare for the complexities of managing and growing a family business for generations to come.

Why this course?

An Advanced Certificate in Family-Owned Business Succession Management is crucial in the UK market due to the high demand for skilled professionals in this field. According to a study by the Institute for Family Business, 70% of family-owned businesses do not survive the transition from the first to the second generation, and 90% do not make it to the third generation. This highlights the urgent need for specialized training in succession planning and management. The table below illustrates the average salaries for professionals with expertise in family-owned business succession management in the UK: | Job Title | Average Salary (GBP) | |--------------------|----------------------| | Succession Manager | £60,000 | | Family Business Consultant | £55,000 | | Estate Planner | £50,000 | These figures demonstrate the lucrative opportunities available in this field, making it a highly relevant and in-demand area of expertise for individuals looking to work with family-owned businesses in the UK. By obtaining an Advanced Certificate in Family-Owned Business Succession Management, professionals can enhance their skills and knowledge to help these businesses thrive across generations.

Who should enrol in Advanced Certificate in Family-Owned Business Succession Management?

This course is designed for individuals who are involved in family-owned businesses and are looking to navigate the complexities of succession planning. Whether you are a current business owner, a family member preparing to take over the business, or a professional advisor working with family-owned enterprises, this course will provide you with the advanced knowledge and skills needed to ensure a successful transition.

70% of family-owned businesses do not survive the transition to the second generation.
40% of family-owned businesses do not make it to the third generation.
60% of family-owned businesses do not have a succession plan in place.

By enrolling in this course, you will gain the necessary tools and strategies to overcome these challenges and ensure the long-term success of your family-owned business.