Business Assessments

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Business Assessments

Many businesses don’t have a real, genuine understanding of where they are.  Knowing where you are is paramount to getting to where you want to go.

To create a clear plan for success, you’ll need to objectively assess business and family interactions and processes. We use a variety of assessments including in-depth one-on-one interviews. With an assessment in hand, you’ll be able to clearly diagnose the condition of both your family and business, and have a clear plan of action for establishing long-term success.

Schedule a call today and create the family harmony and business success you’ve been looking for.



Assess the unique needs of your business and family to develop the perfectly tailored approach.


Design a custom plan to maximize the strengths and minimize the weaknesses of your family business to allow you to achieve long-term success.


We’ll walk with you every step of the way to implement your plan so your family can enjoy and extend your family legacy and prosperity.

The Family Business Health Assessment™ is a process that analyzes the various elements of business and family health including: ownership fairness and security, roles and responsibilities, strategy and philosophy, family and team behaviors, and communications. It also detects the perceptions of family and non-family members regarding morale, efficiency, leadership, and pride in the family and family business.

The Family Business Institute utilizes both the Myers-Briggs Type Indicator (MBTI) and FIRO-B personality assessment instruments. These tools – and others as necessary – allow The Family Business Institute to more fully understand personality preferences of members of the family business. They help everyone better identify why communications or personality conflicts can arise and allow for improved interpersonal relations.

The Family Business Institute analyzes virtually all areas of your business. The analysis begins with your Mission and Vision and carries through Organizational Effectiveness, Leadership Planning, Strategic/Business Planning, Hiring the Right People, Operations, Sales and Marketing, and Management Controls. The work product of the analysis is a documented understanding of what the business does well as well as what is lacking.
The Family Business Institute uses a series of financial analysis tools that enable us to exaine your financial performance over several years compared to other firms in the same business sector. Business solvency, efficiency, profitability, cash, and working capital positions are analyzed and compared to best industry performers enabling you to make informed, substantive improvements in your finances and operations.
Most family owned business estate planning is fairly sound from technical and tax avoidance perspectives; however, they leave a great deal to be desired in terms of family and business friendliness. In addition, most closely held businesses which have multiple shareholders have buy-sell agreements (often called stock restriction agreements). Most buy-sell documents address the catastrophic event of death of a shareholder, but they often fail to address disability, disenchantment, and over 30 other important considerations. The work of The Family Business Institute augments the work done by your attorneys and planners by distilling the knowledge we’ve gained in over 200 years of combined business planning with the best practices learned from top professionals around the nation.

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