Business PlanningAll family businesses have a business plan -when there is only an owner-entrepreneur, the business plan is usually in his/her head and works effectively. When there are multiple members of the family involved in the business it is important to have a formalized plan about how the business is going to grow and be successful. Business planning allows the family business to take a strategic focus and determine the strategic questions and discussions necessary for the success of the family business.
Strategic Planning As family businesses move through ownership and management transitions, they often must move from an entrepreneurial to a managerial approach to the business. A strategic planning process provides an excellent roadmap for this transition, providing the opportunity to evaluate the current system and refocus the business goals and organizational plan. At HFBF, we tailor the planning process to each organization, based on size and special needs. Have questions or want to learn more about our family business planning services? Contact us today! |
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HUBLER FOR BUSINESS FAMILIES WILL GIVE YOU A FREE ORIENTATION
Does your family business need help with succession planning, conflict resolution, management or other issues? If so, we'll arrange a one-on-one orientation meeting with you and Tom Hubler to help you explore the possibilities of working with us. If you choose, your family and business associates can also attend. Here, in a relaxed environment, you can talk about:
- Key family business issues
- Plans necessary for the success of your family-owned business
- Possibilities and expectations
- Terms of the relationship