Family Office & Family Business Insights
Big Canyon Advisors shares perspectives drawn from decades of advising families, family offices, and family enterprises across generations. Our insights address the practical challenges families face as wealth, ownership, and complexity increase, such as governance, succession, decision-making, and long-term stewardship.
As family businesses grow, formal policies become essential. Learn how clear guidelines support governance, reduce confusion, and strengthen continuity.
When should a family member join the family business? Explore readiness, expectations, and the role of family employment policies.
Understand how strategic plans and business plans differ, and why both matter for guiding growth, governance, and long-term success in family enterprises.
What is the difference between family governance and business governance? Learn why separating the two is essential for long-term success in family businesses.
Why We Need Family Meetings
A family office embedded in the business can be cost-effective & manage risks to the family. Here is how to manage some challenges of an embedded office.
Is your family office successful? Learn how to evaluate family office performance, define meaningful success metrics, and identify signs that may warrant an independent review.
Families considering a family office must weigh complexity, cost, and control. This article explores when forming a family office makes sense and when it doesn’t.
Why Should I Allow an Outsider to Review my Family Office?
Over the years, I've really enjoyed working with the various people at Family Business Magazine, and am honored to have another article published in the current edition. I've had many questions over the last few years about how family businesses should make distributions to owners, and I finally wrote my thoughts on the topic. Being thoughtful on this topic, involving the various family owners in documenting philosophy and approach, can go a long way toward building family harmony. I hope you enjoy this article. Please reach out about creating a vision and strategic plan to support your legacy.
