These family business success stories share a common plot: families creating a family vision that addresses such issues as estate planning, asset protection and succession planning. These family business success stories are the outgrowths of actual common visions created by families in business. All true, these business success stories have fictional names to inspire other families to work together to develop their own common vision.
A CONSTANT IN OUR FAMILY BUSINESS SUCCESS STORIES: COMMON VISION.
The creation of a common vision - for the family-owned business as well as personal relationships - is a valuable process and the resulting vision is a valuable tool for communication. Each family member and each person involved in the leadership of the business is involved. Everyone articulates an individual vision, and these are knit together to create an inclusive vision for the family members, for the family, and for the family-owned business.
The Danz Family
The Danz family has been working together for approximately 30 years. Over the last 10 years things have been very difficult as they approached succession planning and they had three misfires.
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Lincoln-Smith Common Vision
The Lincoln-Smith family is two families who own a family business in common. Recently one branch of the family sued the other.
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Berber Family
The Berber family has a small business where business issues and differences were eroding family relationships.
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The Hanson Family
The Hanson family was a wonderful family where the father created an estate plan for his four sons that would allow the oldest son to have control of the company.
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Kelly Family
The Kelly family vision is an example of a family business where the father had died. His death created many problems not only for the business, but also for the family.
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The Humphrey Family
The Humphreys were three siblings working together in a family-owned business having completed the succession plan ten years earlier.
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The Harding Family
The Harding Family used their 75-year history of success as a key focus in the contiuation of their family business.
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The Miller Family
The Miller family had a very successful family-owned business, the success having exceeded the father's wildest dreams.
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Hubler Family Business Consultants can help your family business become a business success story.
Email us, call us at 612.375.0640, or fill out our contact form.
