CONGRATULATIONS FOR COMPLETING THE FAMILY BUSINESS ASSESSMENT

YOU NOW KNOW YOUR STRENGTHS & THOSE AREAS WHERE YOU NEED EXTRA FOCUS?

Our Family Business Guide provides you with a set of simple, easy to implement actions that will help you build on your strengths and overcome any weaknesses identified.

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The Family Business Guide provides you with a set of simple actions in each of the five areas so that you can transform your business and embed best practice approaches

Vision/ Strategy

Step 1

All successful businesses have a clear strategy and empowering vision for the future

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Governance

Step 1

Corporate governance facilitates effective, entrepreneurial and prudent management to deliver long-term success

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Profitability/ Growth

Step 1

In a family business, profit is the fuel for growth and the necessary ingredient for liquidity and realisation of family goals

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Succession

Step 4

Ensuring that individuals with the right skills and experience are identified to step into the shoes of ‘key’ personnel

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Conflict Management

Step 4

Conflict is natural when running a business but when colleagues and employees are also family members, ordinary conflict can take on new dimensions.

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