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Family Business

Globally, more than 30% of large companies are family owned and have their own unique challenges and opportunities for growth. BCG has the industry knowledge and experience to help family businesses remain a vibrant force in today’s economy.

Family businesses come in all shapes and sizes, but they are prevalent, resilient, and highly successful in all corners of the globe. Family-owned companies share the same strategic and operational concerns as their nonfamily-owned competitors. But they also face distinct challenges born out of the complexity of the intersection of family and business. How can families deal with issues across both spheres, sustaining their business value and closest relationships?

Our Family Business Consulting Services

In addition to our full range of consulting services on corporate finance and strategy, organization, marketing and sales, operations, digital transformation, and more, we also help families in business navigate their unique challenges, among them:

Spotlight on Family Business Governance

Although corporations are required by law to embrace formal governance rules, the families that own them are not. But good governance is no less essential for family businesses. The lack of a clear and mutually agreed governance structure can cause unnecessary conflict and destroy business value. Families need to take four steps to define an effective governance model:

Our Family Business Consulting Team

Our Insights on Family Business

The Soft Rules of Family Businesses

The Soft Rules of Family Businesses

Conflicts arising from emotions are rarely about material issues like money or other matters of self-interest. These "soft" issues are often harder to resolve than the "hard" stuff.

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Perspectives on Strategy and Value: Insights on creating sustainable value in an uncertain world.