Setting your family up for success
Running a family business is a juggling act. In order for a business to grow and prosper, the needs of the family business must be balanced against the demands and expectations of family members. If a good governance structure is not in place, this can be hard to do.
When you get right down to it, good governance is about open communication and effective decision-making. To help facilitate this, it is essential to have an optimal governance structure in place before problems arise. When appropriate governance structures have been established, business decisions and family relationships can be enhanced. Most importantly, the risk of significant conflict is reduced, which in turn can help your family business grow and prosper instead of flounder.
We're here to help
Let's do this.
Download the PDF and contact us to learn more.
© 2021 KPMG LLP, an Ontario limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.