Historically, family business owners have relied on their own entrepreneurial skills and prowess for success. In instances where they have need for specific expertise, they have sought out traditional advisors (e.g. CPAs, attorneys, bankers, and/or financial planners). Due to their relatively narrow focus, such specialists alone are insufficient for many family businesses because they fail to recognize and deliver solutions that address issues beyond financial or technical components.
Your long term success requires a well-balanced look at not only the typical financial structures of the family business, but also the structures which deal with operations and management of the family owned business and how well or poorly people in the system function together. Our experienced consultants take a unique, collaborative approach that focuses on balancing interpersonal, operational, and financial issues to help family and closely held businesses achieve breakthrough success.
Recent Posts
Planning vs. Urgency
Urgency addiction is a real thing in the construction industry. It feels good to solve problems, resolve a crisis, and get accolades for having “saved the day.” But constantly fighting fires and dealing with urgent problems tends to crowd out planning and setting...
Defining Who You Are NOT
A peer of ours went on a Viking Cruise Lines trip, and found that one of the ways Viking as a company defines who they ARE is by clearly stating who they are NOT. In an industry where far too many contractors try to be all things to all people, this exercise could...
How the Pandemic Era has Changed Construction
The 2020 pandemic disrupted and changed the construction industry in the short run for sure, but some of the disruptions more and more appear to be permanent. Where will you need new thinking, new skills, and potentially even a new organizational structure to adapt to...