Family Business Focus of Programming for Young Security Professionals
Irving Texas (August 18, 2010) – Family business will be the focus of the Electronic Security Association’s (ESA) Young Security Professionals (YSP) Fall Forum being held in Philadelphia on October 25 and 26, 2010. The two-day conference will offer a family business seminar focusing exclusively on the issues that confront those owning and operating family-owned businesses in the electronic security and life safety industries.
YSP is the networking, best practices and education group established by ESA for members aged 25 to 45 – many of whom are active in their families’ electronic security and life safety businesses. Since its inception in 2008, the program has almost 400 individual members.
"Many of the YSP members are second, third or even fourth-generation family business owners,” said Eric J. Pritchard, conference chair for the YSP Fall Forum. "Family-owned businesses have their own unique set of business, operations and legal issues. We wanted to offer YSP members an educational program geared exclusively to helping them run a successful business while at the same time maintaining the best family relationships possible.” Pritchard is a partner in the Philadelphia-based law firm of Kleinbard Bell & Brecker LLP and co-chairs the firm’s electronic security practice. Kleinbard Bell & Brecker is a YSP Partner Member and a co-sponsor of the YSP Fall Forum.
The first day of the conference will feature educational seminars on best practices in the electronic security industry. Interactive sessions with industry leaders and recognized national experts will include topics on how to raise money through debt, how to prepare your company to borrow money, maximizing RMR with your current customer base, and sales and marketing in hostile emerging markets.
Day two will offer two different track choices. One track will include seminars on RMR in video surveillance, employment of IT Technicians and wireless versus hard-wired systems. The second track will offer the family business seminar. This track will focus on issues unique to family-owned businesses such as management of family businesses, compensation for family business members, communications among family business members and non-members employed in a family business, and succession planning. Among the topics to be covered are leveraging the strength of family business management and best practices for high performance, shareholder loyalty and the promotion of healthy family relationships. The family business seminar will afford members of family businesses in the electronic security industries to network and share their experiences.
The two-day event will be held at the Pyramid Club on the 51st floor of the BNY Mellon Bank Building in the heart of center-city Philadelphia. ESA has reserved a block of hotel rooms at a significant discount. For more information on the Young Security Professionals Fall Forum please contact Jaclyn Sion at (888) 447-1689. To register for the YSP meeting and the YSP Family Business Seminar, please visit www.ESAweb.org/ysp/fallforum.
This Young Security Professionals event is sponsored by UTC Fire & Security, Honeywell, Tri-Ed/Northern Video Distribution, and Secure-i and by its Partner Members Kleinbard Bell & Brecker, Potter/Amseco, Videofied, System Sensor and Alarm Capital Alliance.
Formerly the NBFAA, the Electronic Security Association (ESA) is the largest and longest established trade association representing the electronic life safety and security industry. Member companies install, integrate and monitor intrusion and fire detection, video surveillance and electronic access control systems for commercial, residential, industrial and governmental clients. In cooperation with an alliance of chapter associations, ESA provides technical and management training, government advocacy and delivers information, advice, tools, and services that members use to grow their businesses and prosper. ESA may be reached at (888) 447-1689 or on the Web at www.ESAweb.org.