for Family Owned Businesses

At CTM Bulgaria we believe that Family owned businesses need more care and attention than a partnership or a corporation. Why?

 

It is a packaged deal: your life and work combined!

 

In a business where the whole family or part of the family is involved, either in ownership or management, there is a different dynamic than in a “pure business” environment.

Worldwide, family businesses account for a great part of firms and GDP generation; many big corporations have their origins as family businesses. The recent financial crisis showed a bigger stability of family/privately owned businesses because of their orientation and practices. On the dark side, however, many family businesses end in distress, so what makes the difference between success and failure?

 

Talk to us about managing and sustainably growing your family business!

Talk to us about succession or preparing your business for sale!