There is a very special dynamic that powers family businesses. The dedication of the senior generation to provide a long-term asset to following generations, and the desire of younger family members to live up to the ideals of the founders often means there is a mutual commitment to success.
But communication issues, the preparedness, timing and form of a succession can cause family tension that spills over and affects the business. Without expert assistance, it can cause lingering resentment, and in the worst cases, self-sabotage of the business asset that manifests as disengagement, poor management, lack of leadership, even theft.
Our business succession team is comprised of Corporate Momentum staff and specialist professionals from our network.
Corporate Momentum focuses on the transformation of businesses into entities that meet and surpass the vision of the founders, becoming a multi-generational asset for your family, while our specialist consultants help your family navigate potential conflicts, remove tension and manage the business asset for the benefit of all.
If you would like to discuss a comprehensive approach to your family business succession where everyone feels included and the business is made stronger, please call us for a confidential discussion on 1300 36 20 27 or fill in this form.