The Center Consulting Group has a team of experts who can serve as trusted advisors and provide business leaders with values-based advice as well as a safe place to talk, ask questions, and discuss options. We can assist you in the following areas:
Growth Strategies
Board Development
Conflict Management
Since 90% of businesses in the U.S. are family owned or operated, we offer additional services unique to such businesses who are often striving to ensure stewardship of both their business and their family.
Owning a family business can be one of the most rewarding experiences but also one of the most challenging. Owners face the challenge of ensuring the health and performance of the business while also navigating the sensitive nature of family relationships. Questions often arise such as:
What are the best ways to keep my family healthy and prevent the business from becoming destructive to us?
Should I have my kids or other relatives work in the business?
What happens when I have two or three children in the business – do I pick one to lead even though the others might be angry or hurt?
How do I reward, retain and motivate key non-family leaders?
How could external advisors or board members improve our business?
How do I balance being wise in running the business while being fair with my children?
What will happen to the business if I unexpectedly become incapacitated or die?
How will I know it is time for me to retire and who should take over?
What is the best way to determine the gifts and talents of my children and the roles they should play in the business?
These are just a few of the complex issues that an owner of a family business may experience. We have served owners of family businesses from a variety of backgrounds and industries including medical, retail, chemical, construction, manufacturing, insurance, and finance. But they all have a few things in common including a desire to make wise decisions and a deep concern for preventing conflict in their families.