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Family Business Resolutions by Anne Smart, Guest Blogger

The start of a New Year brings with it hope and opportunities; it gives us a chance to reflect on what we’ve accomplished and ask ourselves where we want to go in the year ahead. Many family businesses spend ample time planning for the future of their businesses by developing strategic plans and budgets, but how many family businesses think strategically about planning for the family’s future?

As you begin the new year, think about what you want for both your family and business, and how you will spend your time, energy and resources to get there.

What does your family need to learn (both as a whole and as individuals) in order to create the family you want?

Is building unity in your family business a priority? Does your family need to focus on resolving or managing conflicts? How much of your heart are you willing to put on the line? What are you willing to risk to overcome conflicts and rebuild trust?

Questions like these can feel overwhelming, and that’s where we come in. In addition to focusing on your business this year, we’d like to encourage you to:

  • Set 2 or 3 family goals for the year.
  • Look at the Family Business Center’s 2013 Programs Calendar for Members. Identify which programs will benefit you and other family members and register for them right away–make this one of your strategic priorities and protect that space on your own calendar.
  • Identify 3 family businesses you admire. Are there any family businesses you’d like to connect with? We may be able to provide the introduction. What can you borrow from their story to help you achieve your 2013 goals?
  • Read 2 books or articles on a topic that will expand your learning.
  • Need more guidance? Talk to an FBC staff member about your priorities and learn how we can help you achieve your goals for 2013.

On behalf of the FBC Team, cheers to new beginnings and a prosperous and successful new year! We hope you’ll make us a part of it.

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