Family Business Continuity
Family Business Continuity and Succession Planning
We provide family business continuity services so your family business can face the future with confidence. Intentional planning can address continuity concerns such as family / business overlap, multigenerational risk, continuity beyond one leader, and ownership and leadership complexities.
We work with your family business to:
- Define your vision and purpose for the next 50 to 100 years
- Identify the family's desired "future legacy"
- Define governance, such as boards or family councils, for both the family and business
- Establish family and business policies
- Create a 5- or 10-year strategic plan aligned with the vision of the business
Preparing Next Generation Leaders
The older generation of a family business could be looking for help in how to prepare the next generation for running the business. They may also need a process for helping the older generation let go of the business.
Will the Family Business Survive?
Sometimes numerous family members are owners and/or employees of the business. How do they find common ground on each other's roles and responsibilities, compensation / distributions, employment policies and strategic direction? We help families thrive in business.
Siblings as
Co-Leaders
Perhaps siblings have become co-leaders of your family business and are challenged by different visions or perspectives. An outsider can help them reach a common vision, define governance and policies for them and future generations, supporting them in creating a strategic plan of how to proceed.
