Family Governance
Families need a place to plan their future, talk about their hopes and dreams, and address the issues associated with being a business owning family. Family harmony comes from a formalized structure and clear policies that allow the family to come together and make decisions. Family governance allows the family to:
- Build trust, intimacy, and caring among family members
- Create, review, and update the family plan
- Develop "one voice" with which the family can communicate with the family shareholders and business leaders
- Clarify the boundary between the family and the business
A Doud Hausner & Associates strategic advisor will work with you to establish the kind of governance that fits with your family's stage of development to enhance family relations and help the family build upon its heritage. |
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