Family businesses are the backbone of many East African economies. They provide employment, contribute towards economic growth, and often play a vital role in their
With business landscapes changing more rapidly than ever before, planning ahead is not simply a good idea—it’s vital. One of the best ways to prepare
Many companies will only hire family business consulting as a last resort. Other firms rely on frequent suggestions from these experts before making any decisions.
Running a family business comes with a special set of challenges. The term “family-owned business” tends to conjure an image of a small-scale, locally run
Most owners will fail to stop and reassess their family business health. They believe that all of their teams will fight and expect nothing less.
When discussing family business stock, you might not be aware of all of your options. Some situations can even prevent transfers from happening, especially following
Many companies spend a lot of effort avoiding conflict in the family business. Which brings us to the question, should you allow these disagreements to
It can feel shocking when some family business owners decide to step down. Other directors may not understand that they don’t have an emotional connection
When a family business transitions to the next generation, challenges can arise everywhere. Most notably is when you’re choosing who continues to lead and who
One of the most frequent business mistakes is ignoring the need for continuity planning. How can any successful firm establish a long-lasting legacy without designing
Positively People is a leading global consultancy firm, focused on ensuring generation continuity in family-owned and tightly held businesses.
Get started with our free Continuity Planning Assessment and identify potential gaps, set clear goals, and gain expert insights to safeguard your organization’s future.
