Do you neglect planning in your family businesses? It's not unusual. Entrepreneurs who run family businesses often spend all their time doing business rather than managing it. The value of planning in a family business is discovered too late. It doesn't have to be that way. We can help you define and strengthen your culture by finding the best way to sustain your company's success. Through planning, the family business can:
- Confidently build for the next generation
- Prepare, project and maintain the heritage
- Fairly balance the interests and perspectives of everyone-employees, family employees and family members not in the business
- Stimulate unencumbered business operations
FAMILY BUSINESS PLANNING INSIGHTS.
The only truly enduring competitive advantage is a trusted, principled company culture of committed people aligned to a common family vision. Each family is unique and every business works differently. But competitors cannot copy the spirit and interactions of your people.
We also have access to many professionals who can provide insight into these family business planning topics:
We also have access to many professionals who can provide insight into these family business planning topics:
- Strategic planning
- Strategic alignment
- Marketing plan
- Objective performance metrics
- Family and business unity
- Unique Selling Position
- Branding and key messages
- Team building
- Formal business plan
- Owner agreement on plan assumptions
- Establishing a board of directors