Professional Certificate in Family Business Succession Planning

Tuesday, 11 November 2025 08:29:32

International applicants and their qualifications are accepted

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Overview

Overview

Family Business Succession Planning

is a crucial aspect of family-owned enterprises, ensuring a smooth transition of ownership and management. This course is designed for family business owners and their stakeholders, providing a comprehensive framework for planning and executing a successful succession.

By understanding the complexities of family business dynamics, learners will gain insights into effective communication, leadership development, and strategic planning. They will also explore best practices in succession planning, including identifying key stakeholders, developing a transition strategy, and creating a governance structure.

Through a combination of lectures, case studies, and group discussions, learners will develop the skills and knowledge needed to navigate the challenges of family business succession. They will learn how to build a strong team, manage conflict, and create a lasting legacy for their family business.

Whether you're looking to retire, sell, or pass on the business to the next generation, this course will provide you with the tools and expertise to ensure a successful transition. So why wait? Explore the Professional Certificate in Family Business Succession Planning today and take the first step towards securing a brighter future for your family business.

Succession planning is a critical aspect of family business management, and our Professional Certificate in Family Business Succession Planning is designed to equip you with the necessary skills to navigate this complex process. This comprehensive course covers key areas such as business valuation, estate planning, and leadership development, ensuring a smooth transition of the family business. By completing this program, you'll gain valuable insights into effective succession planning strategies, enhance your career prospects as a family business leader, and develop a deeper understanding of the importance of intergenerational wealth transfer. With a unique focus on family dynamics and business operations, this course is perfect for those looking to take their family business to the next level.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Family Business Succession Planning Framework • Identifying Key Succession Planning Issues • Understanding Family Business Dynamics • Effective Communication Strategies for Family Business Succession • Identifying and Assessing Family Business Risks • Developing a Family Business Succession Plan • Building a High-Performing Family Business Team • Managing Family Business Succession Planning Costs • Creating a Family Business Succession Plan Document • Implementing a Family Business Succession Plan

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Professional Certificate in Family Business Succession Planning

The Professional Certificate in Family Business Succession Planning is a comprehensive program designed to equip individuals with the necessary skills and knowledge to navigate the complexities of family business succession planning.
This program focuses on teaching participants how to develop a successful succession plan that balances the needs of family members, stakeholders, and the business itself.
Upon completion of the program, participants will be able to analyze the strengths and weaknesses of their family business, identify potential succession risks, and develop a tailored succession plan that ensures a smooth transition of ownership and management.
The program covers a range of topics including family business dynamics, succession planning strategies, financial planning, and leadership development, all of which are essential for creating a successful family business succession plan.
The duration of the program is typically 6-12 months, depending on the pace of the participant and the level of support required.
The Professional Certificate in Family Business Succession Planning is highly relevant to the family business industry, as it addresses the unique challenges and opportunities that arise when family members are involved in business ownership and management.
By completing this program, participants will gain a deeper understanding of the importance of succession planning in family businesses and develop the skills and knowledge necessary to create a successful transition plan that benefits all stakeholders.
The program is designed to be flexible and accessible, with online and in-person learning options available to accommodate different learning styles and schedules.
Upon completion of the program, participants will receive a Professional Certificate in Family Business Succession Planning, which can be used to demonstrate their expertise and commitment to the field of family business succession planning.
The program is ideal for family business owners, executives, and professionals who are responsible for succession planning, as well as for individuals who are interested in pursuing a career in family business succession planning.
The Professional Certificate in Family Business Succession Planning is a valuable investment for anyone who wants to ensure the long-term success and sustainability of their family business.

Why this course?

Professional Certificate in Family Business Succession Planning is a highly sought-after credential in today's market, particularly in the UK. According to a survey by the Family Business Institute, 70% of family businesses in the UK fail to transfer ownership successfully, resulting in significant financial losses and damage to the family's reputation.
Year Number of Family Businesses Number of Successful Transfers
2015 10,000 3,000
2018 12,000 4,500
2020 15,000 6,000

Who should enrol in Professional Certificate in Family Business Succession Planning ?

Family Business Owners Those with a family business worth £10 million or more, according to a 2020 survey by the Family Business Commission, are more likely to benefit from succession planning.
Next Generation Leaders Younger family members, aged 25-40, are increasingly taking on leadership roles in family businesses, with 60% of family businesses expecting to pass the baton to a younger generation within the next 10 years, as reported by KPMG.
Family Business Managers Those responsible for managing family businesses, including CEOs, CFOs, and HR managers, are crucial in ensuring the smooth transition of power and wealth, with 75% of family businesses relying on their expertise to navigate complex succession planning issues.
Wealth Managers Financial advisors and wealth managers play a vital role in helping family businesses plan for the future, with 80% of high net worth individuals seeking professional advice on succession planning and wealth management.