Family Businesses
Did you know that about 1/2 of Canadian private companies are family businesses? Family businesses possess strengths such as the commitment of family members to the business that other organizations just can't match. However, family-run businesses also face unique challenges as well. Most of these challenges relate to the interaction of the business and family.
In addition to the services which we offer to all of our clients, we can help you and your family business exploit your strengths while helping you introduce structure to your business to manage the interaction between business and family. In addition, given that a large number of family businesses will undergo a change in leadership over the next decade, succession will be an issue for many family businesses. Leadership succession is a process rather than an event, and we are ready to provide assistance to you, your business and family at every step in the succession process.
At BDO, we understand that your dining room is often the board room.
