Success or Succession?
Success or Succession? On this weeks episode of the show I discuss the fact that often the definition of success for a family business is
February 14, 2022
I help proactive families gain clarity and alignment around their family business
Welcome to The Family Business Partnership.
Being in business with your family can be both rewarding and challenging. Specialist family business advice helps you and your business to thrive.
If you want to start the discussions around ownership or leadership change or you want to improve the communication within your family and you don’t know where else to turn, you are in the right place.
I help you to become crystal clear on your vision and purpose as a business owning family and tackle the family dynamics that can often stand in the way of you achieving this.
I offer specialist advice to families in business together to help you to become aligned behind your vision and maximise the opportunity that your family business can bring.
About Russ Haworth ACFBA
I am a specialist family business adviser and I work with families from all over the world to help you to understand what role your family business can play in you all living a fulfilled life.
My vision is of creating a lasting business to provide expert support to family businesses wherever they are in the world. A consultancy approach that is based on a clear framework, an expert understanding and an empathy for the key challenges that those families face.
I work with you to find ways to overcome these challenges that are not the typical ‘off the shelf’ solutions but are aligned to you and your family and what you are trying to achieve.
As well as my consultancy work with family businesses, I host the widely acclaimed Family Business Podcast.
Common areas I help with
Being in business with your family brings additional complexity that can impact your family, your business and the individuals within it. The Family Business Partnership is here to help you to manage this complexity.
Succession Planning
Discussing a change in ownership or leadership within a family business can fraught with emotion. Often there is a temptation to explore the legal and financial solutions without exploring the emotional impact of a loss of identity or sense of purpose that can derail the conversations at a later date.
Communication Issues
Conflict within a family business is almost inevitable, however it doesn’t always have to be a negative. There are ways to use this conflict to move you and your business forward. Often having an objective third party to talk through the issues can be the vital first step to resolving the issue.
Governance
As a family grows there is often a need to formalise some of the ways in which you operate as owners to help the relationship between the wider family and those responsible for delivering on your vision for the business. Effective governance ensures that the right people are having the right discussions at the right time.
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Professionalising the Family Business
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Ownership Philosophy
What is Ownership? For me there are two types of ownership legal and emotional. You can own something emotionally without it being a legal owner
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What is Family Business Consulting, and how can it help you?
I have put together a guide to the family business advice and consultancy that I provide. What common challenges I can help with and some FAQ's
Let's have a chat
Inviting an external consultant into your business and your family is a big step, I appreciate that, and it is not a responsibility I take lightly. The first step in moving forward is for us to have a chat about what you are trying to achieve and how I can help.
Follow this link to book a chat with me. No obligation, if I can help we can discuss how and the next steps.
Testimonials
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