Distributed Ownership Tips for Family Businesses

Transitioning ownership in a family business is fraught with potential pitfalls. How do we help families “co-design” what moving from “now” to “next” could look like whilst maximizing the competitive and strategic advantages inherent in family-owned businesses? This article explores the concept of distributed ownership and offers tried and tested guidance on what not to do, as well as what to consider in the co-design of a flourishing family enterprise across generations.