Target Audience

Shareholders, Directors and Key employees in a Family Business.
Programme Standards

- Maximum 8 attendees
- 30 days of one to one support
- E-Booklet
- Programme director/s with at least a Masters Degree in the subject and ten years or more working experience
- Convenient morning timings or in-house at any time for a minimum of two bookings
- Can be configured to address a number of professions and industry sectors
- Via Skype Interactive Environment 
​- Available in-house for a minimum of two bookings at no extra cost

Price

EUR495 ex VAT per participant.
Service Warranty
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The Managing Directors' Masterclass

This Masterclass equips directors, senior employees (managing directors, financial controllers etc) and shareholders of family businesses with the knowledge and tools to effectively manage, lead, and strategically build their enterprises in the most efficient fiscal and  legal environment.

Topics Covered

Introduction to Family Businesses
Defining family businesses and their unique characteristics.
Exploring the advantages and challenges of family-owned enterprises.
Understanding the Maltese legal framework for family businesses.

Governance and Structure
Establishing robust governance structures (e.g., board of directors, family council).
Implementing clear roles and responsibilities for family and non-family members.
Best practices for communication and conflict resolution within the family.

Strategic Planning for Family Businesses
Developing a long-term vision and mission aligned with family values.
Creating a strategic plan that considers family goals and business objectives.
Ensuring effective succession planning for future generations.

Employment of Family Members
Establishing clear policies for hiring, promotion, and compensation of family members.
Balancing family loyalty with professional meritocracy.
Addressing potential conflicts of interest.

Share Transfer Restrictions
Utilizing shareholders' agreements and buy-sell provisions to maintain ownership control.
Understanding the legal implications of different share transfer transactions in Malta.
Balancing the needs of individual family members with business continuity.

Dividend Policy
Setting sustainable dividend payout strategies considering business needs and family expectations.
Exploring different dividend policy options and their impact on the company's financial health.
Complying with Maltese tax regulations on dividend distributions.

Managing Family Wealth Through Trusts
Implementing strategies for wealth preservation and transfer within the family.
Exploring tax-efficient structures for family wealth management in Malta.
Utilising professional advisors for financial and legal guidance.

Estate Planning and Succession
Developing a comprehensive estate plan to ensure a smooth transition of ownership and leadership.
Understanding inheritance laws and potential tax implications in Malta.
Preparing the next generation for future business leadership roles.

Family Communication and Conflict Resolution
Fostering open communication and trust within the family regarding the business.
Establishing clear processes for addressing disagreements and conflicts constructively.
Utilising family meetings and communication protocols for effective decision-making.

Family Business Culture and Values
Defining and embedding core family values into the company culture.
Aligning business practices with family values for long-term sustainability.
Building a strong sense of family identity and shared purpose within the business.

Professionalisation and External Governance
Integrating professional management practices while maintaining family control.
Benefits of having independent board members and advisors.
Maintaining a balance between family involvement and professional expertise.
How to appoint external independent directors and advisors.

Foreign Investment by Family Businesses
How to structure, re-structure and setup foreign operations.
Franchising opportunities for Family Businesses.
Setup of Trust Structures to protect the Family Wealth through generations to come.

Exit Management
How exits of shareholders should be planned, handled and managed.
Selling the Family Business and how to go about a private sale.
Employee/Other Members Buy Out Processes.

Mergers And Acquisitions of Family Business Units
How to Handle a Merger of Two Family Businesses.
How to Value, Acquire, and Make a purchase offer of a Family Business or share thereof.

The Evolving Landscape of Family Businesses
Addressing emerging challenges and opportunities for family businesses in Malta (e.g., globalisation, technological disruption).
Exploring best practices for adapting to the changing business environment.
Ensuring the long-term sustainability and success of the family business.