We Help Build Prosperous Middle Market* Family Businesses
Our programs and services are best suited to middle market businesses that are below $500 million in revenue - and small businesses that aspire to become middle market businesses.
We have deep expertise in horticulture, manufacturing, financial services, agriculture, consumer products, lawn & garden, distribution, industrial packaging
*The Small Business Administration categorizes businesses into 3 groups by size:
- Small businesses: less than $38.5 million in revenue and fewer than 1,500 employees
- Middle market: $38.5 million - $1 billion in revenue with 1,500 - 2,000 employees
- Large enterprises: over $1 billion in revenue and over 2,000 employees
FAMILY BUSINESSES ARE THE BRAINS BEHIND INNOVATION
Family businesses generate 62% of the country’s employment and 78% of all new job creation.
The average life span of a family-owned business is 24 years compared to 15 years for S&P 500.
The number of family businesses run by women have grown 37% in the past five years.
35% of Fortune 500 companies are family companies.
Family businesses comprise 80 to 90 percent of all business enterprises in North America.
Only 40% of family owned businesses survive to the second generation, 12% to the third, and 3% to the fourth.
COMBINING BUSINESS AND FAMILY BRINGS SPECIFIC CHALLENGES
Complications due to wealth disparity and lack of liquidity options.
Lack of Shared Vision
Diverse levels of expectations, contribution, commitment, and interest amongst family members. Lack of shared vision.
Difficult histories, communications issues and competition among family branches
WE COMBINE PRACTICAL BUSINESS STRATEGIES WITH TACTFUL, RESPECTFUL COMMUNICATION AND FACILITATION TO HELP FAMILY BUSINESSES THRIVE
Your first step is a confidential, no-obligation consultation.