Family Business Daily

Issue 2 / May 1, 2015

Family Business
Consulting

Levy Family
Debacle
Robert Levy makes rash
decision to stay in company

page

Families are from Venus,

Businesses from
Mars
- Alan
Barker

+
Thought of the Day
To open a shop is
easy, to keep it
open is an art
Chinese
Proverb

CIG Family Business Consulting

are experts in all the
complexities of family
businesses. CIG Family
Business Consulting can help
with any aspect of your family
business from inception to
succession planning. Every
single family business has
different requirements, some
are run simply as a lifestyle
business and some are run as
multinational corporations. But
whatever the size and model of
your family business CIG Family
Business Consulting are the
only people to talk to, to help
advise and to improve your
family business. We are there to
work with you to make your
family business as successful
as you want or need it to be. No
stone will be left unturned in
ensuring that your business is a
total success. By using CIG
Family Business Consulting
your life be it business or
personal will become that much
more rewarding.
Please call us on +44(0)845 201
3960 for more information.

A Slice of Advice
In order to keep the family business flowing
smoothly it is essential to promote non- family
members to senior roles. This move will allow a
family to take their business to the next level
and will eliminate emotionally charged decisionmaking.

more on

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Issue | Date

Coming together
is
a beginning.
Keeping together is
progress. Working
together is
success
- Henry Ford

Family First or Business First?

Family Businesses are a unique
breed. A majority of family
businesses often blur the line
between family matters and the
business itself; this in most cases
is the reason behind a businesss
downfall. There are many factors
that are affected negatively when
intertwining family and business.
For example, in regards to
succession longevity can overrule
skills and cause the parents of the
business to choose the eldest son
over the more qualified and
younger daughter. In many cases
children are unqualified and
appointed a senior position within
the company, this move can
cause demotivation amongst
valued non-family members.
Coming from a family business
can
allude
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Amet members into

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Issue | Date

Roger Levy & Ilapak

80 Year Old Owner Shocks
Family
Today during a family meeting in
regards to succession the eighty-yearold Roger Levy makes a shocking
announcement. He has decided to
stay in charge of Ilapak and has taken
over an American competitor that is
swimming debt. Despite his
questionable health he has revoked
Lucianos role as successor and has
appointed him and his son Guy to take
care of matters in America while he
runs the European division. Despite
her shock at her fathers irrational
move, Sabrina has decided to stay out
of the picture. What does this mean

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for the family? Many consultants