The National Grocers Association (N.G.A.), in conjunction with Louisiana State University, has developed the Center for Family-Owned Business, a three-day event dealing with business planning, succession and organizational planning, and estate and financial planning. The program will run Oct. 26 through Oct. 28, 2010, at the Associated Grocers Training Facility in Baton Rouge, Louisiana.
Designed as an interactive learning experience, the program will teach attendees how to properly devise a strategic plan, run a growth-oriented company, develop succession-planning techniques, implement estate tax planning initiatives and mitigate the impact of estate taxes. According to N.G.A., the forum will enable relative and top employees to address issues that are vital to the continued success of family-owned grocery stores.
“Family-owned and -operated businesses play a unique role in the development of the supermarket industry and continue to be the engine of innovation and growth for our economy,” explained Frank DiPasquale, EVP of Arlington, Va.-based N.G.A. “Successfully planning and transitioning a family business is more complicated than ever before; this program will engage you to discover how to safeguard your business, protect your wealth and preserve family harmony. The success of the family-owned grocery company has been inextricably tied to the vision and entrepreneurial spirit of their founders.”