NetSuite ERP Consultant

Family Business Governance

Our experts can help you build and implement formal governance frameworks to balance family dynamics with operational efficiency in your family business.

For help addressing accountability issues, schedule a Discovery Call.

Governance refers to the framework that guides decision-making and defines roles within your family business.

Transparent structures foster accountability, strengthen relationships, and support sustainable growth for a lasting generational legacy.

How Our Expertise Unlocks Your Potential

Our team of professionals helps family businesses navigate sensitive issues like succession planning, tax strategies, governance, and conflict resolution. We don’t just provide financial services—we build strong relationships with our clients, to truly understand the intricate needs of both the business and the family behind it.

Trevor McCandless

CEO, CPA, MTax

Susan Borkowski

CPA PLLC

Thor Conklin

BBA

Katherine Harrington

CPA, MAFM

Danielle Palmer

BBA

Overcoming Family Governance Challenges with Expert Guidance

To help you resolve these issues, we focus on the following key components:

Structured Governance

Establishing a well-defined governance framework ensures clear roles and responsibilities for each family member. This creates an effective structure that fosters growth, continuity, and accountability.

Formal Agreements

Policies such as shareholder agreements and family constitutions set a foundation for consistent decision-making. This ensures that all members align with shared principles and business objectives.

Organization Development

Clearly defined business goals foster a culture of innovation and high performance, positioning your family business for sustainable growth. By establishing a unified vision and assigning responsibilities strategically, you can minimize role overlap and maximize efficiency.

Actionable Roadmap

A strategic roadmap with documented milestones and potential challenges helps you become proactive about problem-solving. It also facilitates accountability to keep members focused on long-term success.

Communication and Transparency

Regular, open communication builds trust, manages expectations, and resolves conflicts. Forums such as family councils and shareholder meetings facilitate ongoing dialogue and collaboration.

Preserve your legacy with tailored solutions for family business challenges!

Our Approach

Visioning Session: Engage key family members and leaders to define goals, legacy aspirations, and pain points.
Alignment Assessment: Evaluate alignment between family values, individual goals, and business objectives.
Outcome: Clarify the family’s values, vision, and succession needs.

Family Enterprise Analysis: Conduct SWOT and organizational assessments for unique family business insights.
Vision & Values: Define core values, mission, and a 5–10 year vision across generations.
Outcome: Establish a clear understanding of current state, aspirations, and challenges.

Readiness Assessment: Evaluate next-gen leadership potential and alignment with long-term vision.
Custom Development Plans: Design tailored mentorship and training for skill-building and governance.
Engagement Proposal: Customized plan for succession planning and leadership development.
Outcome: Create a clear roadmap for next-gen leadership development.

Governance Frameworks: Set up family councils, advisory boards, and defined roles.
Actionable Roadmap: Outline milestones, scorecards, and structured communication strategies.
Outcome: Build a governance framework ensuring continuity and accountability.

Regular Check-Ins: Host routine meetings to review progress and address evolving needs.
Guided L10 Meetings™: Drive alignment and ensure consistent progress.
Outcome: Foster growth, strong leadership, and lasting family harmony.

Why Choose Fusion CPA for Your Family Business?

We specialize in empowering family businesses with governance structures that drive success. Our family business advisors help you define clear roles and responsibilities to balance family member strengths with your business needs. Through transparent formal agreements, we help facilitate effective communication for sustainable long-term growth.