Newport partners help family businesses to establish a future state model of the company, and prepare your company to maximize your exit strategy by minimizing your risk to you and your successors.
Those partners in Newport’s family business practice have experience to recognize issues associated with the family side of the business. For example: under what terms family members should come into the business; whether to bring in non-family professional management; how to make decisions about promoting family members; major transitions including between generations. Their objectivity and sensitivity enable them to grasp the dynamics of a business and family and win the trust of stakeholders. They are adept at helping family companies craft objective decision processes that can gain the commitment of all players.
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