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20220420 Sustainable Family Business through Family Legacy Planning

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Programme Code:
20220420
Date:
20 四月 2022 (Wednesday)
Time:
6:30 pm - 8:00 pm
Speakers:

Mr Allan Lee, Head, Family Governance Center, Legacy Academy

Language:
Cantonese
Venue:
Live webinar
Proficiency Level:
Intermediate Level
Fee:
$150 - $200
CPD Hours:
1.5
Seat:
100
Event Categories:
,
Application Form:
20220420 enrollment form

Description

Statistics showed that only 5% of the business can be sustainable for 10 years, 0.39% for 20 years and 0.025% for 30 years. In Hong Kong, family business comprises more than 60% of the business.However, only around 4% have comprehensive family legacy planning. Therefore, it would be one of the biggest challenges for the family business owners to sustain their business for longevity.

In order to sustain the family business, it is important to consider culture, council, constitution and taxation of business and family succession during the planning, implementation and monitoring of the succession process.

In this seminar, the speaker will share the key risks and factors of family business sustainability, and how family legacy planning could contribute to the sustainability of family business.

1.Risks facing family business for sustainability

2.Key success factors for sustainability of family business

3.The Holistic Wealth Family Legacy Five-Dimension Model

4.Family legacy planning with consideration of culture, constitution, culture and taxation.

Speaker Profile

Mr Allan Lee, Head, Family Governance Center, Legacy Academy

Mr Allan Lee is a Master Family Legacy Planner who is responsible for family legacy consultancy and training services. He is also a Research Associate at the Chinese Family Succession Research Centre of The Hang Seng University of Hong Kong. He specialises in family governance and research on success factors of Japanese enterprises with longevity. He aims at establishing family business governance system for family enterprises. He serves families and their business as a consultant through writing family constitution, establishing family council framework for family communication, and exploring and advising on business philosophy and culture for family business.

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