Family Business Consultation

The life expectancy of a family business in the United States is only 24 years. Many factors contribute to this reality, including financial instability, the lack of a sound succession plan and ever increasing competition in the marketplace. Another major cause of concern within the family business environment is the inability to deal effectively with the interpersonal conflicts that can interfere with making solid business decisions.

Family businesses face numerous challenges in keeping the company healthy and passing it on to the next generation. A number of factors can increase the likelihood that a family business will be passed on to the next generation. One factor is grooming the next generation for leadership through such vehicles as family meetings, family councils, a clear family employment policy and leadership coaching.

A second factor is careful planning for succession that includes the development of boards and strategic planning. Our family business consultation services can help your organization address these challenges in a constructive way. Also, when appropriate, we can work with your trusted advisors such as your accountant, insurance agent and attorney.

As each family is unique, so are the challenges facing each family business. While some family businesses are able to effectively address their communication and interpersonal issues internally, many others seek outside expertise for assistance. To address the interpersonal issues so common in American family business today, we offer business consultation tailored to the needs of your family business:

If your family business is experiencing difficulty with communication and interpersonal issues, our services can help. Let us work with you to develop a plan for addressing the challenges unique to your family business. It could be one of the best investments that your company ever makes - an investment in insuring its future.