* The Succession Institute, LLC is not a CPA Firm

Family Business Operations

Posted: October 2, 2007 at 9:24 am   /   by   /   comments (0)

Family Business Operational Efficiency services include:

  • Reviewing the organizational structure to look for overlap and confusion of authority;
  • Analyzing the paper flow and automated routines to determine costly out-of-date or band-aided ineffective processes; and
  • Reviewing expectations, practices, processes and procedures to better streamline jobs and organizational synergy.

We have yet to find a family business that has not significantly benefited from this level of analysis. Family-owned businesses are commonly burdened with legacy processes that no longer make sense, which detract from overall performance, and consume an inappropriate amount of resources.

To gain more insight into our perspectives in this area, various papers, articles and newsletters are available under the File Cabinet menu.  Once you register on our website, you will have access to our Articles and Newsletter submenus full of documents for your review.