New in 2023, the FBUK Masterclass series aims to convene thought leaders, subject matter experts, practitioners and advisors together with family businesses.
Succession is a complex and multi-stakeholder process, in which every individual needs to find / understand their role and place, and how they can participate, contribute and add value. This masterclass will provide practical tools and advice to support you and your family business in the process of succession.
Hear how Betty’s and Taylors, and the Wates Group used purpose, values and leadership to approach succession as we kickstart the day with an interactive panel discussion. Followed by a hands-on workshop to help you explore the possibilities and think more creatively and inclusively about both the journey ahead. Participants will then be led through best-practice examples and tools to create shareholder agreements, share ownership rules, trusts, estates and tax planning to optimise your succession process. Ending the day with a real family business case-study, drawing on the experiences of the Laithwaites family business to understand a working model for successful succession.
Who should attend?
This FBUK Masterclass is aimed at family business professionals who want:
- an in-depth exploration of one of the key pillars of family business: succession
- hear from industry experts and thought-leaders on succession in family business
- practical insights to take back into their family and business life
Eligible delegates are those from family businesses, or working in a family business.
Please note: FBUK Masterclasses are not available to advisors or consultants.
09:00 – 09:30 Arrival and refreshments
09:30 Welcome and scene setting
09.30 – 09.45 Introduction to programme and day
09.45 – 10:30 Why are you in business together?
Panellists: Chloe Benest (Betty’s and Taylors) and Jonny Wates (Wates Group).
Moderated by Richard Lane (Farrer & Co)
10:30 – 11:00 Networking and Refreshment break
11:00 – 12:30 Roles in the succession process
Led by Nick Mayhew (Alembic Strategy)
12:30 – 13:30 Lunch break
13:30 – 15:00 Building the right structures for successful succession
Bryony Cove (Farrer & Co)
15:00 – 15:30 Networking and Refreshment break
15:30 – 16:00 Live Succession case study
Panellists: Tom Laithwaite and Angus Porter (Laithwaites).
Moderated by Tom McGinness (KPMG)
16.00 – 17.00 Break-out discussions / workshops
17:00 – 17:30 Wrap-up with key take aways
17:30 – 19:00 Drinks and networking reception
Farrer & Co, 66 Lincoln’s Inn Fields, London, WC2A 3LH