Family
Business is Hard
We Make it Easier
Our experienced consultants and advisors have owned family businesses, worked in family businesses, and advised family businesses.
WHO WE SERVE
Family-owned businesses (sole proprietor, partnerships, or multiple shareholders).
In the upper small market or the lower middle market segments
50 to 1000 employees
$25 to $300 million annual revenue (can be smaller and larger)
3 to 7 x multiple of EBITDA valuation (on average)
FAMILY BUSINESSES ARE AWESOME
COMBINING BUSINESS AND FAMILY BRINGS SPECIFIC CHALLENGES
Money Complications
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.
Communication Problems
Difficult histories, communications issues and competition among family branches
Only 40% of family owned businesses survive to the second generation, 12% to the third, and 3% to the fourth. It's our mission to change those stats!
YOU NEED ADVISORS THAT UNDERSTAND BOTH BUSINESS AND FAMILY
All businesses need to make a profit, increase value for their shareholders, manage their employees and make sure they stay relevant in an ever-changing world.
What makes family businesses different are the relationships between family members.
Family businesses have a wide spectrum of emotions – from trust, love, and affection – to resentment, jealousy, and rivalry.
So, when you seek outside help, you need to find an advisor that knows and understands this so they can help deal with issues through that lens.
At Ferguson Alliance, we specialize in helping family businesses.
Brandon Wallace, Alamo System Industries, LLC
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Brandon Wallace, Alamo System Industries, LLC
The whole process was a lot simpler than I expected and I ended up with exactly what I was looking for: a finished, published succession plan document that I can use as a roadmap.
Rob helped me condense my thoughts and goals, identify some blind spots and strengths I wasn’t fully aware of, and showed me some of the key levers to pull in succession planning, which I hadn’t considered before.
I’d absolutely recommend them to anyone thinking about succession planning. These guys do this dozens of times a year, while most business owners only go through it once. It was an interesting and informative process that was really easy to follow through with.
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.
