Family Business Experts' Team

multi-discipline approach to
solving family business problems

Family Business Institute, Inc. was organized in the early 1980s. Family Business Experts is our new online presence. Our 20 person team is nationally recognized for our work in pioneering the multi-discipline approach to solving the unique and complex problems that impact the family business.

For instance, our logo is three interconnected circles representing the three major systems or issues the family business must master and control to be successful. The first circle represents the family; the second circle represents the business system; and the third circle represents the individual, who is a member of both of the other systems.

The permutations are numerous, i.e., a son or daughter could be part of the family but not a manager or an owner in the business. You could have an owner of the business who is not a member of the family nor a manager in the business. You could have a member of the family who is a manager in the business but not an owner, etc. Each permutation has separate issues that need to be addressed and each requires a different approach for each permutation will likely have their own goals and objectives.

Sounds confusing? It is! That is why only 30% of family owned businesses successfully transition to the second generation and only 15% of those make it to the third generation. The critical nature of the succession issue is significant when one considers that almost 70% of the Gross Domestic Product is made up of family businesses!

Family Business Experts is unique because we bring a comprehensive and integrated approach to dealing with your business, family and personal needs and goals.

Since these three separate and distinct systems are constantly interacting - sometimes in harmony and sometimes in opposition to one another - it is imperative that they be dealt with as a totality.

The key is opening up communications amongst owners, spouses, generations, brothers and sisters, non family key personnel, and family members active and not active in the business.

Family Business Experts provides professional services through a carefully designed, whole-oriented, highly focused approach. Our comprehensive perspective includes family, business and individual development as well as personal and corporate financial strategies.

Because the family, business and individuals are inter-dependent they need to be addressed simultaneously in an integrated way. Your advisers, likewise, need to be integrated so you do not waste time getting views that may yield conflicting or incomplete approaches and strategies for your family and your business.

This lack of coordination resulting from unintegrated counsel often causes business owners much confusion, frustration and limited decision making. Family Business Experts has resolved this major problem of getting wise counsel for business owners - you do, in fact, work with a real team of highly experienced, specialized professionals who know how to work well together to best meet your interests.

Family Business Experts' work has been featured in numerous magazine articles and newspapers including the WALL STREET JOURNAL.

Statement of Purpose

We provide coordinated and integrated assessments and solutions for family issues; for business management issues; and for ownership issues.

Family Business Experts provides a single source for professional services to assess strengths and needs of both the business and family, to design and implement integrated business and family action plans.

Our specialization in family business coupled with our applied professional client service experience allows us to provide a service delivery format that is reliable, convenient and results oriented.

We are also sensitive to our clients' desire for privacy and maintain the highest level of confidentiality.

We are committed to the family and business values that have made the private enterprise system of the United States the most emulated democracy in the world.

Family Business Experts Understands
Family Values and Business Systems

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