Succession Planning for Owner-Managers

Course Price: $895
Provided By: Knowledge Bureau

This course will help advisors become valuable resources to their clients in the succession planning process. Key concepts include understanding the importance of succession planning for the business and key positions within the business. It focuses on roles and financial issues, from both the perspectives of a business leader and successor. It also addresses the impact of succession on employees and the business as a whole, and succession of the business to third parties.

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Have a question or want to learn more? Call 1-866-953-4769


This course provides an overview of the fundamentals of succession planning, enabling you to understand the key concepts in this important area and assist your clients in developing succession plans for their businesses.

What You'll Learn

You'll develop an understanding of the importance of the planning process, and how routine planning in the business is an important precursor for succession planning. You'll learn to differentiate and understand the relationship between succession planning for key positions in the business and for the business as a whole.

You'll coach business leaders and potential successors as to their roles and responsibilities in succession planning, particularly in terms of personal implications. You'll also Identify the key financial issues that business leaders and potential successors should consider when conducting succession planning, and the impact that the decisions they make can have on their future financial position.

Another key area you'll learn about is succession planning implementation.

You'll assist clients in challenging times, including failed succession attempts and assist business leaders in understanding the options and process for pursuing succession to a third party.

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Course Content

Chapter 1
Introduction to Succession Planning
Chapter 2
Essentials of Planning and the Planning Process
Chapter 3
Key Positions that Require Succession Planning
Chapter 4
Role and Responsibility Issues for Business Leaders
Chapter 5
Financial Issues for Business Leaders
Chapter 6
Role and Responsibility Issues for Successors
Chapter 7
Financial Issues for Successors
Chapter 8
Succession Plan Implementation
Chapter 9
Succession of the Business to Another Organization
Chapter 10
Succession Planning: Specialized Situations
Enroll Today
Have a question or want to learn more? Call 1-866-953-4769

What's Included

Personal course selection consultation
Virtual campus orientation
Lesson and study plans
Personal instructor email support
Comprehensive Knowledge Journal
EverGreen Online Research Library
Knowledge Bureau calculators
Testing and certification
CE/CPD accreditation

Work towards the MFA™ Designation

The Succession Planning for Owner-Managers is 1 of 6 courses needed for the MFA (Retirement & Succession Services Specialist Designation)