Family Businesses

Traditionally, family businesses have grown with time, effort and investment of their owners. While these owners have been instrumental in establishing, nurturing and even growing the business, taking it to the next level of scale and formal structures requires bringing in professionals from outside the family. This drives the need to establish a governance structure among the family, business, external professionals and other stakeholders, while protecting the family interests and preserving family legacy.

A structured approach to delegate the operating controls from family members to the professionals, under an overarching umbrella of the family vision and values builds blocks for future growth and ensures right family governance.