How to help family business grow and succeed? | KPMG | BE

How to help family business grow and succeed?

How to help family business grow and succeed?

Finding the unique dynamic that works for your family business.

Finding the unique dynamic that works for your family business.

Challenge

Family businesses are unique. The family dynamics can play a significant role in decision making, and offer both opportunities and challenges. The growth and sustainability of a family business lies in the fine balance between the needs of the business and the expectations of the family members, both active and non-active.

A family business has specific needs; running the day-to-day activities, planning for the sustainability and the future of the company, and keeping the family’s presence in mind raises many crucial questions for the owners. Does everyone in your family share the same vision? Do you have similar or other interests? The task of realizing the full potential of the business while satisfying the current and future expectations of family members can sometimes be challenging, but certainly achievable with the right approach.

KPMG Approach

To support the unique needs of family businesses, KPMG has a dedicated team of specialists who offer relevant information and advice to family-owned companies, their management, and shareholders. We understand that the nature of a family business is inherently different from a non-family business and requires an approach that considers “the family component”.

Our advisers work with family businesses in the areas of:

  • Succession & Next Generation
  • (Corporate) Governance
  • Growth (mergers, acquisitions, …)
  • Expansion or Exit Strategies
  • Wealth Preservation

Benefits

From the boardroom to the kitchen table, KPMG’s family business specialists bring decades of knowledge and experience to each engagement.

 

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