Family Business

Family businesses grow with the efforts of generations, however if they don`t have proper strategic guidelines, future planning and professional hirings they may collapse in 3rd or 4th generation. A family business may have unique pros and  cons. It provides reliable partners with the same community attitude. However, the partners may have different levels of education and different business approaches. Keeping in view this unavoidable type of partnership, SCS has designed a framework for family business management which includes but not limited to:

• • Inclusion plan for the next generation
  • Business centric strategy
  • Loyalty and Liberty Model (LL Model)
  • Comprehensive will writing
  • Workload management for highly active owners
  • Balancing of benefits
  • Salary evaluation for owners
  • Conflict resolving strategy
  • Data driven decision making
  • Coachings and Counselings
  • Mediation process
  • Future centric expansion
  • Ownership vs professionalism
  • Growth mindset and capacity building
  • Team management and player~s attitude
  • Conversion to Private limited company
  • Asset management
  • HR management