Family Business Advisor Program
Helping Family Businesses Transition Successfully through effective planning that WORKS!
As a Certified Family Business Advisor through Galliard Group, Inc., IMC has the tools and support to serve the largest business sector in the world—the Family Business.
IMC can:
- Help families develop a well-integrated, comprehensive exit strategy for current leaders
- Determine the current and desired future value of your business to maximize your investment
- Develop a strategic plan that acknowledges the issues of both the family and the business
- Develop succession plans that prepare future leaders for business success.
A successful, well planned transition will provide opportunities for enrichment and joy and the chance to change the course of one’s life with dignity.
Studies indicate that as many as 65% of business owners will transition out of their current positions within the next 5 years and most have no formal plan to do so…
- No successors
- No financial plan
- No solid options for considerations
With effective planning, both the family and the business can thrive through the inevitable changes that impact every small business.
Interesting facts:
- 95% of businesses in the US today are family-owned or closely-held.
- 80% of those businesses have 20 or fewer employees.
- Fewer than 15% have a solid plan for passing their business on to the next generation of leadership, even though 85% express a wish to do so!