The SMP Resilienzkreislauf®

At this point, the aim is to support family businesses in increasing their resilience in the tough competitive environment.

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Family businesses success graph

In order to guarantee or regain the three most important goals of entrepreneurial families (high entrepreneurial freedom; financial independence; professional separation of family and company systems), family companies should have taken or take the following precautions:

Firstly:

The corporate strategy should be chosen with a view to operational effectiveness and not for the pacification/satisfaction of certain family tribes.

1.

Secondly:

The business model should be "generation-compatible", i.e. "value and value-oriented".

2.

Thirdly:

The ability to service loans should be secured in the long term – and thus be relatively independent of economic risks.

3.

Fourthly:

The financing structure of the company should be independent of that of the family or shareholders.

4.

Fifthly:

The company management should act in conscious harmony with the family values of the family shareholders.

5.

Sixthly:

Anticipation of (digital) change should be an integral part of the company's management philosophy.

6.

Our experts would be happy to explain to you in more detail how well we understand entrepreneurial families and their family businesses.

Your contact for family businesses:

Jessica Hirsch
Partner
Dipl.-Betriebswirtin
Email to Jessica Hirsch
T +49 (0)221 91 27 30 - 68

Your contact for demanding stakeholder management:

Konrad Fröhlich
Managing Partner
Rechtsanwalt
Email to Konrad Fröhlich
T +49 (0)221 91 27 30 - 32

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