Features of Unhealthy Family Businesses

After the past 30 years Gordon has noticed when a business family is struggling these features appear

  1. Poor communication skills and cannot handle conflict.
  2. Low trust between family members.
  3. Goals and values are not clear.
  4. Family members roles and obligations are unclear.
  5. The business lacks direction and a strategic plan.
  6. Family tries to do it all – without outside assistance.
  7. Very little thought to succession.
  8. Family and non-family don’t collaborate.
  9. No use of an Advisory Board.
  10. Family issues spill over into and become business issues (and vice-versa).

At Predictable Futures we can bring clarity and momentum to each of these issues – call us today!