Am I a good steward of my family business? The success of your family business depends on all family members thinking and acting like owners. Here are a few questions to ask yourself and your family: 1. What are our family’s values? 2. What is our family’s vision? 3. Do we have a family mission statement? 4. Are we effectively balancing business needs with family interests? 5. Do we have the right succession plan in place? Is it conflict-free? 6. Do we have the right shareholder buyout and dividend policies? 7. Should we bring in outside leadership to help run the business? 8. Are we investing in the success of the future generations of the family? 9. Does the family need a family office or a multi-family office? 10. Should we contact Sharon Olson, CFP®, CEPA, President, Olson Wealth Group, Inspired Life Family Office®? #OlsonWealthGroup #InspiredLifeFamilyOffice #MultiFamilyOffice #FamilyBusiness
