Family Business
Family Business Strategy
Understanding an organization’s history, recognizing its culture and knowing where it is heading are all essential components to creating a long-term strategy. If it is a family owned business the operating company’s strategy should be aligned with the family’s strategy. This is especially critical at times of transition. We can work with your family to develop a strategy, ensure effective communication, and set clear objectives.
Ownership Transition and Succession
Business ownership transition is a process with many moving parts and can take various forms. Having a well thought out plan enables business owners to maximize shareholder value, ensure continuity and growth of the business, reduce uncertainty for family and employees, control how and when they exit, and define their legacy. There is no one size fits all solution and McNally Brown Group has the expertise to provide guidance and support.
Family Office
Many families have investments outside of the core business or have exited their prime businesses and created a family office with diversified investments. We assist with longer terms strategic investments, such as private equity investment or land development projects, acting as a strategic project manager to oversee projects through various stages of its lifecycle.
What We Do
Family Business Insights & Publications
Does your family business have an end game?
For family businesses, strategic planning really begins and ends with a single powerful question: Why are you in business? The answer to this question will affect the quality of decision making by business families.
Strategic Planning and Family Business: PART 1: The Power of Alignment
In this three part series* we explore the important linkage between the business family at large, and its role in helping to establish, monitor and maintain winning business strategies in the family business.
