Solutions for Families in Business
Owning and operating a family business presents a wide array of challenges that are both unique in the world of business and daunting to navigate, including:
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- Separating the kitchen table from the boardroom table
- Ensuring that the family can survive the business and the business can survive the family
- Molding children into tomorrow’s company leaders and a cohesive management team
At PLC, we can assist you in:
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- Defining the governance, structure and organization in your family business
- Managing relationships with trusted business advisors and a family office
- Leading family meetings and retreats
- Resolving emotionally-charged conflict
- Developing and selecting the next generation of leaders
- Formulating exit/entry strategies
- Incorporating non-family executives in operating the business
- Guiding offspring towards a healthy relationship with money
To learn more, download our White Papers here:
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- Family-Owned Businesses: Is There a More Difficult Type of Business to Run?
- Substantial Liquidity (Finally) Happens for You…But What Now?
- Executive Development and Succession Planning
- Enhancing Effectiveness: Coaching Managers, Professionals, and Leaders
- Hiring By Design, Not By Chemistry
- Strategy Work: What’s It Really About?
Does your family business have what it takes to sustain success over time? See where you stand on 15 Critical Success Factors for Family Owned Businesses. Take our brief survey.