Family businesses can bring out the best or the worst in that difficult tango of relatives and finance. The possibilities for conflict are numerous: family issues arise, business growth creates new challenges, business slowdowns cause added stress and disagreements, and different generations can have divergent views. Even the best-managed family businesses, as well as those that seem to have the perfect family relationships, can benefit from outside advisors who have consulted and created working partnerships with a variety of businesses. For over 25 years, Joel Strom Associates has been working with families to maximize strengths, anticipate challenges, promote harmony and plan for the future.

JSA also works with family businesses to create operational succession plans. Like a good strategic plan, succession planning looks at organizational, operational, and management issues and then creates a structure for future growth and viability. Family relationships and expectations are considered as an integral part. With JSA, you will build a succession plan for business transition from one generation of the family to another, ensuring that leadership and financial issues are addressed and that the future plan provides security for your family and the business as a whole.

Services for Family Businesses include:

• Operational and succession planning
• Family business advising
• Management development for family members