General Planning Profile – Free Survey



Owners/founders and their families can rate their planning process by answering the following questions. The results will give you a picture of work completed, work to be done and work that needs constant attention. Using a scale of 1 to 6, take the following free survey and see where your family business needs the most improvement in planning.

The information gathered will not be used for spam (or shared with anyone else), and anything that we send you would be very limited and useful. Our site is designed as a service to our consulting/speaking clients. We value your privacy and time.  To receive your confidential assessment results please enter your name, company and email address below.
Name Company Name
Email  
 
Family Concerns
 
1
 Implement methods to strengthen family ties and harmony.
2
 Devise methods and procedures to compensate family members equitably and with acceptance.
3
 Prepare methods to choose among several successors. (Power, Authority, Stock)
4
 Work to identify and deal with the separation of business vs. family issues
   
Personal Issues
   
1
 Provide job description depicting the role for a family member within the business.
2
 Develop rules on working outside vs. within the Family Owned Business.
3
 Devise plans to prepare a family member to fill the founder’s shoes.
4
 Seek out the one sibling who is the natural family leader. (Resolves family conflicts, looked up to, trusted and respected.)
   
Business Issues
   
1
 Write and activate plans to activate and retain non-family employees.
2
 Draw an organization chart so all will know the leadership and power structure now and in the future. Include: title, name, age years of company service, ownership% and relation.
3
 Resolve in writing these business goals: growth, ROI, debt, profit level, level of outside help desired.
4
 Provide formal opportunities for open communication between family and non-family members.
   
Succession Issues
   
1
 Select your successor/manager.
2
 Set your FINAL retirement date.
3
 Develop the Time Table to complete the succession process.
4
 Work to develop an estate plan that is “FAIR".
   
 




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Henning Family Business Center
1006 N. Pembroke Ct.
Effingham, IL 62401
Phone: (217) 342-3728
Fax: (217) 342-3768
hfbc@mikehenning.com