Family governance provides your family-owned enterprise with a common framework and mechanism for solving conflicts. It ensures that members of your family know how your company functions and what makes it special. Now this is more important than ever before – particularly with family enterprises. It is your company’s strongest resource and also its biggest weak point. It can serve as the driving force behind your long-term success. Or it can tear your company apart, such as when members fight or fail to agree on common goals. Professional family governance allows you to prevent this.
Family Business & Middle Market Leader, PwC Switzerland
Pensions are a key issue for owners of family businesses. We will be happy to discuss aspects such as family governance, succession planning and family offices with you. We can show you why an ownership strategy is so vital and what you need to do to create one.
Your family governance will be based on a jointly developed and documented ownership strategy. It will help to align your interests with those of your company and set up guide rails for a future-ready family enterprise. There are various issues and questions which your family must tackle as company owners:
“PwC helped us as an external third party bring all those involved to the table and create clarity regarding who wants what or does not want it. This discussion within the family was both difficult and beneficial at the same time.”
“For me as an external Chairman of the Board of Directors, it is very valuable when the family owning the company intensively confronts family governance issues. The concrete example PwC assisted with was very useful.”
“PwC assisted us with drafting our family constitution. The collaboration was a professional mixture of sensibility, expertise and passion for family companies.”
“Thank you for the competent and focused leadership of the workshops. Together over the course of six months we got the transition to the next generation at our company on track. We would never have been able to do this without your help. Before the workshop, our – particularly my – situation was very muddled as regards the individual players. Now it’s up to us to keep our company on track and help one another guide it.”
With our extensive experience as advisers, moderators and mediators, we will assist you in drawing up your family governance.
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We will advise and assist you with anything from strategy to succession planning to asset structuring, regardless of size, markets or ownership/management structures. Talk to us about the things that are keeping you awake at night.
Family Business & Middle Market Leader, member of the management team