Giving Professional edge to family Businesses
Many families have spent generations building competencies in doing business and today they are respected by the industry too for the legacy of products and services they have given to the world. The Gallo family in winemaking, the Eccles family in banking, and the Shane family in jewellery are examples of families that have dedicated several generations in building world class products and transforming their businesses into vast empires in the process.
BMGI has been a reliable partner to many prominent family businesses supporting their quest to improve processes and plan strategic goals to keep the differentiated edge alive in the professionally operated industry.
Our experience in working with family owned businesses has brought to the surface a set of unique questions that family owned businesses seek to answer in addition to common challenges faced by the industry:
How can BMGI help?
We begin by identifying goals and strengths. Through exhaustive analysis of information we offer strategies for putting a plan into action. We focus on finding operating parameters of the business and changes in operational procedures that might increase the ROI of the business. We explore options that are available for improving the health of the business, both internally as well as in the marketplace.
Many families strive to improve their collaboration and collective decision making about family, business or financial matters. Effective collaboration can help build and sustain a proud family legacy. We work with families to develop and enhance collaboration and teamwork. BMGI’s expertise in consultation and Family Business Innovations can be leveraged to answer all the most critical issues faced by family owned businesses.