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(203) 952-0000
(203) 952-0000
Every SMB is a family-owned business, whether it has one member directly involved or many. For some companies, this means a single owner; for others, it’s multiple generations of family members working directly in the business. Regardless, the business is often discussed with spouses, children, cousins, and other relations at the dinner table, during holiday get-togethers, and at work.
It’s crucial for the family to understand what contributes to the success of a family business and to prepare the next generation for leadership. Recognizing the challenges and opportunities of ownership is key to ensuring a smooth transition and continued prosperity. Effective succession planning equips both the family and the business for future transitions, safeguarding the legacy built over years of hard work.
We help you prepare the next generation for leadership by:
If family succession isn’t a viable exit strategy because the next generation has different career goals, it’s important to consider alternatives. One effective option is involving employees as potential owners, which can help maintain the business’s continuity and preserve its culture. We assist in:
Our family business consulting provides structured frameworks and mediation techniques to navigate family dynamics, ensuring harmonious and effective decision-making.
Our consultants specialize in creating comprehensive succession plans that prepare future leaders, ensuring a smooth and successful transition of ownership and management.
Our consulting services help you establish clear boundaries and roles within the business, improving both personal relationships and business operations.
Our family business consulting facilitates strategic planning sessions that align the vision and goals of all family members, fostering a cohesive and focused business direction.
Contact us today to learn how we can help you with succession planning and exploring alternative exit strategies. Let’s work together to ensure your business thrives for generations to come.
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23 S. Main Street,
Norwalk, CT 06854
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