BROWNSTONE

Capital Advisors LLC

Family Owned Business

TWO COMPETING SYSTEMS

 

Today, a large number of privately held companies view themselves as a “family owned business.” Unable to overcome the challenges of transferring the management and ownership of the business to successors, owners/founders frequently postpone their succession plans leaving little room for success.

 

BROWNSTONE understands the blending of both the  Family System and the Business System. After assessing both, we create and help implement a comprehensive family succession plan that blends four important dimensions: 1. Family and Interpersonal— the relationships and roles of family members; 2. Management and Operations—the critical needs of sustainable business success; 3. Wealth and Ownership—the role and place of family owners and the founder’s desire to transfer wealth to successors; and 4. Balance—the role of the business to add life and vitality to the family, rather than diminishing the same.

Transfer. Complete.