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FBA Education Courses

Family Business Association offers a suite of courses specifically tailored to the unique needs of family businesses, providing you with practical knowledge and actionable steps to improve business processes and drive sustainable growth.

The education courses focus on core family business fundamentals such as succession planning, governance, financial management and strategic planning providing you with a comprehensive toolkit to navigate the nuances and complexities of working in a family business.

Planning Succession for Family Business 

Transitioning leadership is a complex strategic process that impacts the future of the family business, and early planning is key. This course delves into essential topics such as exit strategies, leadership rules, and nurturing successors. Gain vital insights, mitigate challenges and disputes, and foster harmony within your family business with this FBA course.

    • Consider two business exit models: sale and succession 

    • Understand the fundamental ground rules for leadership succession 

    • Determine the key challenges of succession in your family business and how to manage these successfully 

    • Identify the personal attributes and characteristics that can assist in identifying successors 

    • Learn how to nurture and develop potential successors 

    • Understand how to manage the transition successfully 

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Financial Essentials for Family Business 

This course explores financial management in the context of a family business. Understand the health of your business, establish warning indicators, and assess the true value of your business to make informed and effective decisions. You’ll also learn the practical value of financial performance dashboards to monitor and communicate key performance measures.

    • Identifying strengths and weaknesses in your business 

    • Developing key indicators to measure and monitor business performance 

    • Interpreting financial information for strategic decision-making 

    • Valuing your family business 

    • Managing competing family priorities 

    • Separation of family and business 

    • Structuring your business assets 

    • Family business taxation issues 

    • Remuneration within your family business 

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Governance and Directorship for Family Business

This is the only governance and directorship course specifically designed for family business. You will learn about the unique challenges directors face in relation to family, business and shareholders, how to establish and maintain appropriate governance structures, directorial duties, and effective implementation strategies to meet your family’s unique needs. ..

    • Business and family governance principles 

    • Integrating family and business governance to best suit your business needs 

    • Legal obligations of business directors and boards 

    • The unique challenges family business directors face 

    • Various options available to structure a board of directors to suit your family business. 

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Family Business Essentials

Take the time to focus on the health of your family business and learn how you can harness your competitive advantage to reach your goals. In this interactive session, you will use the Family Business Diagnostic Tool to identify areas of your business that need attention and help guide you to form tailored strategies and action plans for sustained success.

    • Understand the key elements of a successful family business
    • Identify how those key elements apply to your family business
    • Identify areas of your family business that require focus and set priorities
    • Develop an action plan to take back to your business to refine and implement

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Strategic Business Planning for Family Businesses

This course will provide your family business with the knowledge, tools and resources to develop a tailored strategic plan, instilling clarity, direction and a systematic decision-making approach aligned to your family’s vision, values and legacy. With support from an expert facilitator, access 8 hours of online, on-demand content to be completed at your own pace.

    • Learn a wealth of powerful tools and processes to share the way you develop or refine your family business strategic plan
    • Get clarity around where the family business is now as well as a vision for the future
    • Understand your business’ competitive advantage and what makes it unique and stand out from the rest of the market
    • Capture all your great learnings and insights from the program into an actionable one-page plan for your business
    • Boost your probability of change success with your strategic plan
    • Receive accountability and support from your facilitator for the duration of the program

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FBA Advisor Accreditation Program

Want to use your business expertise and experience in the family business sector? Our partnership with the University of Adelaide’s Family Business Education and Research Group (FBERG) has been designed to give you access to a world class education program. After completing the two courses, you’ll receive an Accredited Advisor status where you’ll be well equipped to assist families in business to harness new opportunities and solve the challenges they face. 

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