MISSION ACCOMPLISHED
A Functioning Family Council In Place
- Everyone is well-informed on critical business and family issues.
- Stock ownership rights have been determined and policies established.
- Employment policies have been formulated for entry of family members into the family business.
- The family's business commitment has been defined and written, meaning;
- The family's values have been cataloged and prioritized.
- A current statement of the family’s vision for the business has been drafted.
- The family's business philosophy has been agreed upon and is current (that is to say, what the family members agree on regarding return on investment foals, risk tolerance, family involvement, measures of success).
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