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Recent Developments
FBRC Newsletter - November 201125-Nov-2011
FBRC Newslette..
Ideas for Success Newsletter - November 201103-Nov-2011
Ideas for Succ..
FBA KPMG 2011 Family Business survey19-Oct-2011
FBA KPMG 2011 ..
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Is this Site for You?
Click on a question to dig deeper...
Do you work with children, parents, siblings or other members of your family?
Do you have an ownership interest in a family business?
Do you own investments together with members of your family?
Do you find that family issues are encroaching into the effective operation of your family business?
Are family issues disrupting work place efficiency?
Are business issues brought home?
Do business discussions dominate family get-togethers?
Would you accept the behaviour (or performance) from non-family employees that you allow from family employees?
Do you talk about the really important issues or are they relegated to the ‘too hard’ basket?
Do you leverage the differences between family members to create a highly effective team?
Is conflict channelled in a constructive, positive manner so that it generates new opportunities and solutions?
Is there a common vision for the family business that everyone is passionately committed to achieving?
Does this link into the personal objectives of all family members?
Is it built into the strategic planning process for your business?
Are you maximising the potential growth opportunities of your business?
Will your business be relevant in the future in our rapidly changing economy?
Does your business model allow for the growing needs of your family members?
Are your children ready, wiling and able to take over the leadership of the business?
How do you choose between your children if there are a number of possible leaders?
What will your role be in this new order?
Are you considering the continuity of your business beyond your working life?
Are you financially dependant on the proceeds of the sale of the business for your retirement?
Are you concerned with providing opportunities for children who work outside the business?
Do you know what your business is worth?
Do you know what you need to do to increase the value of your business in the market place?
Have you developed a plan for realising the maximum potential value from the sale of your business?
Do you believe that ‘Retirement = Death’?
Have you defined an exciting, productive future for your ‘life after business’?
Are you concerned about your financial security in retirement?
Are your key employees concerned about their future opportunities within the family business?
Could a non-family employee be a future leader of your business?
Are negative displays of family passions brought into the workplace?
Is family ownership impacting on your employees?
Are you considering joining your family’s business?
Are you considering joining your family’s business?
Have you been asked to join your family’s business?
Do you feel under pressure to join the business?
Are you worried about whether you are joining the business for the right reasons?
Do you feel that ‘your time has come’ but your parent won’t let go of the reigns?
Do you find it difficult to open the subject of succession with you parents?
Are you concerned about working under a sibling who may be appointed to lead the business?
Are you concerned that you may need to lead siblings or other family members?
Can we give you a simple answer to all of these questions? No! There are no standard or text book answers. Each family business is as unique as the family behind it. What we can do is work with you to find the answers that are right for you.
Where appropriate we will also work with your existing advisers, or introduce you to new advisers who are family business aware and who can work with us to arrive at solutions that are right for your family business.