Family Business Services
Entrepreneurial thinking across generations
Multi-generational family businesses are by definition entrepreneurial, and EY is the world leader in advising, guiding and recognizing entrepreneurs. We know that the spirit of innovation that characterizes successful entrepreneurial companies must be present within family businesses if they are to thrive, prosper and compete effectively from one generation to the next.
To help you plan your growth journey, we'll channel our experiences with some of the world's most successful entrepreneurs together with our work with global family businesses from the past three decades.
We can help you:
- Grow your family business to succeed for generations
- Increase your personal wealth
- Capitalize on the unique benefits of family ownership
- Plan for succession
- Manage risks
- Protect the financial value of your legacy
Our Growth DNA Model for Family Business
We know that each family business is unique — yet successful family businesses have much in common. Through our ongoing research with family business leaders, and the knowledge we have gained
from long-term service to entrepreneurs, we have identified common factors that shape the strengths and weaknesses of family businesses. Understanding the success factors underpins the Growth DNA Model for Family Business.
Each key service supports the personal, financial and sustainability agendas of family businesses. The strands of the Growth DNA Model represent areas where we can help by linking to a range of services.
Family Business at the US Strategic Growth Forum 2014
|It was all about the family on Wednesday, November 12, at the Strategic Growth Forum in Palm Springs, California. More than 300 multigenerational family business leaders and executives participated in the special Family Business program, Family Businesses: entrepreneurial thinking across generations. Attendees learned the key success factors of entrepreneurial family businesses and how they can ensure these characteristics survive from one generation to the next.|
Family Business Panel: Achieving innovation, growth and sustainability: strategies of entrepreneurial family business.
Successful family businesses face unique and greater challenges than other entrepreneurs. Hear from family business leaders who have successfully embraced an "entrepreneurial mindset" to achieve their objectives for the family and the business. View the discussion
Keynote: Mark J. Bissell, Chairman & CEO, BISSELL Inc., interviewed by Carrie Hall, Partner, Ernst & Young LLP, and EY Americas Family Business Leader.
|His great-grandfather was the first innovator, creating a device to clean sawdust from the rugs in the family’s Michigan crockery shop. Nearly 140 years later, the Chairman and CEO of BISSELL Inc. has taken innovation to another level. View the interview.|
2014 EY Entrepreneur Of The Year National Family Business Award winner
Recognized as one of the most prestigious business award programs in the country, the EY Entrepreneur Of The Year awards celebrate the country’s most innovative business leaders. Our Family Business category recognizes leaders who have demonstrated how a family business can succeed from generation to generation by skillfully implementing new thinking. Congratulations to the 2014 Family Business Award winner and finalists.
Winner, US Family Business Award
| Jodi L. Berg |
President and CEO
Jodi receiving the EOY award
Finalists, US Family Business Award
| Jeff Braverman |
| Kristy Taddonio Mullins |
| J.M. Schapiro |
Continental Realty Corporation
Learn more about the EY Entrepreneur Of The Year™ program.
Insight from EY’s Family Business practice
| Coming home or breaking free? Succession intentions of next-generation family business members |
Family business owners have a strong desire to keep their company under family control across generations. But who is best suited to take over, and which factors encourage succession within the next generation?.
| Family governance: issues, concerns and the strategies |
Family businesses that continue to prosper from one generation to the next often do so because they have robust governance structures. Nevertheless, many family businesses have not given enough thought to governance. Learn some of the more common governance problems that can arise within family businesses and how having a family charter can help alleviate those issues.
| Worldwide Family Business Tax Guide (2013-2014) |
This comprehensive reference guide provides at-a-glance and detailed information on tax legislation, compliance and risk information for family business owners and managers in 41 countries.
| Preserving wealth through generations |
When your family’s wealth is at stake, you want to do everything right. This is precisely where we come in. We support you and your family office in all areas by providing you with answers to the most important questions.
| EY Family Office Guide: pathway to successful family and wealth management |
This is our comprehensive guide and integrated approach designed to help family offices structure their wealth and preserve it for future generations.
EY Global Family Business Yearbook
Our first EY Global Family Business Yearbook is now available. Celebrating excellence in family businesses, the yearbook looks at issues facing family firms and provides a glimpse of what is going on inside some of the world’s greatest family businesses in Europe, North America, Latin America, the Middle East and Asia Pacific. You’ll also find profiles of Entrepreneur Of The Year Family Business Award of Excellence Winners and key data and trends that highlight the contribution that family businesses make to local economies.
To receive a hard copy of the Family Business Yearbook, please email, firstname.lastname@example.org.
EY NextGen Academy
Developing the next generation
The EY NextGen Academy Program is our unique one-week training event designed for the next generation of young successors in family businesses. This program helps them explore their potential and introduces them to the challenges of running a family business.
For more information, please contact Andrea Baars.
For more information visit www.ey-nextgen.com.