Family Business Transition Summit

A conference business called "Family Legacy Summit" targeting boomer-owned businesses struggling with succession planning. The event serves as both an educational platform and lead generation opportunity for business acquisitions.

Core Concept

• 2-day conference in Florida (Orlando or Fort Lauderdale)
• Invite-only event for family businesses doing $1M+ revenue
• Focuses on businesses where succession/transition is uncertain
• Brings together both parents and their potential successor children

Revenue Streams

• Ticket sales to cover basic costs
• Sponsorships could potentially cover all event costs
• Upsell opportunities:
  • Estate planning services
  • Accounting services
  • Mastermind programs
  • Training programs for next-generation leaders
• Lead generation for business acquisitions:
  • Sell qualified leads to private equity
  • Buy businesses directly where children aren't interested

Value Proposition

• Helps solve core problem of business transition
• Educational focus with "give give give" mentality
• Creates network of successful family business owners
• Provides clear path forward for businesses whether children take over or not

Target Market

• Boomer generation business owners
• Businesses doing $1M+ in revenue
• Family-owned companies considering succession
• Parents and children struggling with transition decisions

Network Effect

• Build powerful network of business connections within 1 year
• Access to successful private businesses (example: $22M furniture company in Tennessee)
• Create relationships with business owners facing similar challenges