Familybizz quiz

Answer our questions to determine the health of your family business...

  Yes No Uncertain
  1. Do you have an ownership and management succession plan in place?
  1. Do you make a clear separation between business and family wealth?
  1. Are family members employed only if they are qualified for the job?
  1. Does the business have a formal performance appraisal system for family and non-family executives?
  1. Are family members remunerated according to their level of responsibility?
  1. Does your bank understand your unique requirements?
  1. Do you have clear communication, decision-making and governance structures?
  1. Has a strategic business plan been developed which considers both the family and business issues?
  1. Are you in touch with any potential conflict between family and business needs?

If you have answered no to more than 2 of any of these pressing concerns, you should give serious consideration to planning for the long term survival of your business. 

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