Mission - To orchestrate succession and control issues, resolution of conflict, fairness in estate planning, training and development of family members and developing both a family plan and a business plan that will give direction and help prevent or relieve the pain found in family businesses.
Assignments - Developing both a business and a family plan to facilitate succession planning, fairness in estate planning/asset transfer planning and enhance relationships among all employees. View our business model, our Seven Comprehensive Services, or a list of Expectations, Benefits and Results.
Duration - Some assignments are completed within three to five days of on-site consulting time. Others involve quarterly work over several years. Click here for more information on our Nine Step Consultation Process and how Mike Henning is different from other advisors.
Fee Arrangements - Based upon the project. Comprehensive proposals (includes total fee projection and expenses).
Alliance - Blackman-Kallick, LLP was founded over 40 years ago and is one of Chicago's premier professional services firms. With over 200 professionals dedicated to clients in industries as diversified as manufacturing, distribution, service, insurance, construction, health care, retail, hospitality, real estate, legal and food processing. Click here for more information
Associates - Brian Whitlock, Attorney/CPA. Specialty; asset transfers--estate planning. Dr. Ken Kaye, Psychologist. Specialty; conflict resolution and dispute settlement. Patrick McNally, CPA. Norm Gaither Associates, 20 Group Specialist, Business Valuations, Business Broker, Ken Vogt, CPA, Dr. John Hogan, change management & Hospitality Educator; strategic planning, PLL Leadership, partnership development, coaching.
Location of Clients - Over 300 located throughout the U.S., Latin America and the Caribbean. Industries include: hardware, lumber, heat treating, auto parts, furniture, grocery, construction, music, printing, and hotel, plus many other manufacturing, distribution, warehousing, and retail organizations. Click here for a list of references.
Background - Mike Henning is a nationally known advisor/speaker on family business issues. Prior to founding the HFBC in 1985, Mike earned advanced degrees from Eastern and Southern Illinois Universities. For eight years he was a high school teacher/coach and administrator. He has over thirty years experience as a successful business owner. His involvement ranges from auto parts distribution, restaurant management and real estate investment. In his thirtieth year as an advisor, he has worked with hundreds of different families. Mike was an original member of the Family Firm Institute, and his work is recognized by the Institute as a Fellow in Family Business Consultation. Mike is also a member of the National Speakers’ Association and Inscape Publishing.