Managing Finance for Family Owned Business & Early-Stage Enterprises: What it takes to reach to the next level

Recent studies indicate that most business families that achieve financial success—typically through a family company—lose their success path within three generations. The question is Why do some family enterprises derail while others prosper? This program for family run businesses will help you understand and implement the important driving factors of long term, enduring, family enterprise success. The program views the family enterprise through the lens of ownership, helping you to understand the important decisions that are yours to make as well as how to govern and plan for the longevity of your family’s enterprise activities. Your family will learn practical concepts and tested practices demonstrated through real life cases —to improve your long-term planning and alignment, and shape the roadmap of your family enterprise system.

This program is for family businesses and early-stage enterprises that have moved beyond the founder stage to the second or third generation of ownership control. It allows participants to have crucial conversations together and collaborate on the long-term planning required at their stage. Participants may include family members, owners and non-owners; board members, senior and next generation members; and lineal descendants and spouses. It may also include senior non-family executives or board members.