Family Businesses

Business Growth Resources has many family business clients, so we understand that family businesses must tackle a unique set of challenges in order to:

  • Achieve their business potential, independent of the family members
  • Successfully design and execute generational transfers
  • Develop the skills, talents and business knowledge of the next generation so that they can take the reigns and lead the company into the future
  • Continually evaluate and adapt the company’s business practices, culture, and growth strategy to keep it fresh and relevant over time
  • Implement processes and strategies for holding family members accountable to business goals while maintaining healthy family relationships

Business Growth Resources offers a suite of services and programs which have helped multiple family-owned businesses to navigate these challenges and to execute a smooth transition from one generation to the next. These include:

Entrepreneurial Operating System (EOS)

EOS is a comprehensive business system, integrating a holistic business model with a complete set of simple business tools and a proven business process to align and synchronize all the pieces of your business to help your family get what you want from your business.

Business Owner/CEO Advisory Boards (TAB)

TAB boards provide an ongoing sounding board of your peers to help a family business owner in New Jersey vet and test the succession plan as it develops.

Talent Management Tools

Tools such as DISC, Tri-Metrix, EQ and 360 peer reviews provide a baseline for Executive Coaching and Team Building for the key family members and non-family managers who are integral to your succession plan. Learn more here.

Exit and Succession Planning Services

Helping you and your successors understand and analyze the succession options, and identify the key strategic business issues which will need to be addressed in your succession plan to make it successful. Learn more here.

Please contact VRichards@BusinessGrowthResources.net to learn more about our Family Business services.