Family-owned
businesses face unique challenges in balancing the interests of
the family and the needs of the business. The expectations and
desires of family members often differ as the business grows and
decisions are made regarding the future ownership strategy or qualifications
of family managers to eventually lead the company. Successfully
navigating these complex issues often requires the advice and assistance
of an independent, trusted professional.
Talk it out. An organized discussion forum provides
family members with the opportunity to voice opinions, resolve
conflict, share business knowledge, and just have fun. We understand
that every family business has its own personality, its own set
of values, its own goals for success. We document prevailing opinions,
look for common ground, and provide objective guidance on the best
course of action.
Family dynamics and business savvy. We advise
family business owners on many issues, including:
- Multi-generational leadership and management;
- Corporate governance;
- Dividend policies;
- Buyouts, mergers and acquisitions.
Pulling together. No matter what your current
business challenge might be, we strive to promote long-term family
cohesiveness, fairness and respect. A family ownership group needs
the foundations of good communications, trust, and a sense of direction.
We can help you enhance those important fundamentals.
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