Family Business coaching occurs when families are in business together. Usually a parent (typically the father or grandfather, but occasionally the mother) starts the business and builds it from humble beginnings to a profitable business over time. It might be a first generation business, or for example, a business of longevity being a fourth or fifth generation.
Business coaching can support family and non-family stakeholders to build their capacity to operate within the business.
Some next generation business owners feel a great deal of pressure to manage the business successfully and find the business succession process challenging.
Family business coaching can make a real difference to the business and we are often asked to resolve succession issues within multi generational family businesses.