Common Pain Points for Family-owned Businesses

The FBC was created to respond to these challenges

We've All Been There

Family-owned businesses come with their own set of challenges including:

  • Differing goals between family members
  • Lack of succession planning
  • Ineffective decision-making
  • Absence of proper governance tools
  • Need for outside advisors with a neutral perspective
  • Interpersonal conflict among family members
  • 90% of a family's wealth may be tied up in the business
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