Why This Matters: Family-owned businesses form a significant portion of the commercial real estate landscape in South Florida. Understanding how these enterprises navigate the complexities of family dynamics, succession planning and market competition is crucial for their sustained success and growth. This event provides insights into maintaining a legacy while embracing modern innovations, ensuring these businesses continue to thrive amid evolving industry trends.
What You Will Learn:
- Foundational Insights: Learn about the origins and evolution of successful family-owned CRE businesses.
- Balancing Act: Discover strategies for balancing family traditions with the need for business innovation.
- Market Competitiveness: Learn how to remain competitive in South Florida’s dynamic CRE market.
- Family Values: Explore the role of family values in business operations and decision-making.
- Succession Planning: Learn about effective succession planning to prepare the next generation for leadership.
- Business Models: Compare the advantages and disadvantages of family-owned businesses as compared to other business structures.
- Fostering Innovation: Gain tips on fostering innovation and encouraging new ideas within a family-run business.
- Practical Advice: Learn actionable advice for starting or sustaining a family-owned CRE business.
- Resilience Stories: Hear real-world examples of how family businesses have navigated economic downturns and market disruptions.
Who You Will Meet: Connect with industry veterans who laid the foundation for their family-owned CRE businesses and are still actively involved. Additionally, attendees will meet the next generation of leaders who are preparing to take these businesses forward with fresh perspectives. Industry experts specializing in family business dynamics, succession planning, and market strategy will also be present, providing valuable insights and advice.