Starting a Family Business and Building Generational Wealth

This beginner-level course guides families through the essentials of starting a business together, from planning and funding to roles and succession planning, with a focus on building and preserving generational wealth.

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Key Course Benefits

Comprehensive Roadmap

Provides a detailed guide for establishing a successful family business, covering market analysis, financial planning, and succession strategies.
Practical Tools and Insights

Equips you with actionable tools and valuable insights to navigate the complexities of running a family business.
Generational Wealth and Stability

Focuses on building and preserving generational wealth, ensuring long-term sustainability and maintaining family harmony.

Course Curriculum

1. Introduction + Outline
2. Key Terms and Definitions
1. What is a Family Business?
2. Understanding Generational Wealth
1. Identifying Business Opportunities
2. Creating a Business Plan (Understanding Lean Canvas)
3. Funding Your Business
1. Defining Roles in the Family Business
2. Establishing Governance Structures
1. Marketing and Sales Strategies
2. Operations Management
3. Financial Management
1. Planning for Succession
2. Legal and Financial Considerations
1. Investment Strategies
2. Education and Financial Literacy
3. Philanthropy and Giving Back
1. Effective Communication Strategies
2. Conflict Resolution Techniques
1. Successful Family Businesses
2. Overcoming Challenges
1. Lean Canvas PDF Template
2. Case Study and Family Exercise: The Johnson's Family Business - Urban Spice, Co.
3. Conclusion: Starting a Family Business and Building Generational Wealth
4. Bonus: Seeded Ventures Generational Wealth Building Guide for Families

About this Course

Free
25 lessons
0 hours of video content

Start Planting the Seeds for Success!

Enroll

Starting a Family Business and Building Generational Wealth

Key Course Benefits

Comprehensive Roadmap

Practical Tools and Insights

Generational Wealth and Stability

Course Curriculum

Introduction + Outline

Module 1: Introduction to Family Businesses

Module 2: Planning and Setting Up Your Business

Module 3: Roles and Responsibilities

Module 4: Running and Growing Your Business

Module 5: Succession Planning and Continuity

Module 6: Building and Preserving Generational Wealth

Module 7: Conflict Resolution and Communication

Module 8: Case Studies and Real-Life Examples

Case Study and Family Exercise

About this Course

Start Planting the Seeds for Success!