Family Envisioning Process
values
principles
dreams
vision
plans
Business Philosophy
Strategic Thinking
Strategic Plan
Business Planning Process
Source: © Business Families Foundation 2014
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Compass for Entrepreneurial Families |
Planning ahead is like building a house you need strong footing to build on, and the footing is the family’s commitment to the business.
You need to balance family and business needs, encourage family participation and keep communication channels open and efficient, information should circulate and transparency is key.