The succession in family business is at best a rocky road. The founding generation is immortal. They look forward to turning over the operations to the next generation. However, they want to maintain control to ensure their retirement. The incoming generation has a wide range of skills, desires and goals. They want to utilize those skills and are willing to take risks to build for their future.
Family Business Consulting
The two viewpoints create predictable conflicts which divert the family firm from the basic matter at hand -RUNNING A PROFITABLE COMPANY! Our approach with family owned companies is to create a mentoring atmosphere based on solid business principles. We help each member of the family clearly define their personal goals and integrate those goals into the strategic plan for the company. As an outsider we have the experience and perspective to assist the family members achieve their long term goals, both individually and for the firm.
Harrison Hine Consulting, LLC