The Austin Family Business Program excels as a pacesetting family business resource. We prepare family businesses to balance the well-being of the business, the family and individuals, as they address the challenges and opportunities which inevitably arise, day to day and during succession. We foster healthy family businesses—through innovative tools, hands-on learning opportunities and honest talk.
As family businesses grow and branches of the family tree spread, an increasing number of family members may have an ownership stake in the enterprise. In most cases the business has become a highly profitable and professionally run organization. Family owners may find themselves in need of services to help manage accumulated wealth, plan philanthropic… Continue reading
Children raised in Oregons family businesses are one of our communitys greatest resources. Among INCs 500 fastest-growing private companies just under half were run by entrepreneurs who grew up in a family business. Whether there is room to return to the business or in starting new businesses, next generation business leaders have learned critical skills… Continue reading
One of the primary challenges for any growing family enterprise is moving beyond the “start-up” mentality to prepare for the next level of growth and complexity. Structures and processes that worked in the less formal earlier stages of the business are usually not suitable for long term growth and eventual succession. Here are three takeaways… Continue reading
As your business grows and family members mature, family dynamics and the decision-making process become much more complicated. When the enterprise prepares to move beyond the founder phase into succeeding generations it is important to consider not only business governance, but how the family will be governed in relation to the business. Effective family governance… Continue reading