“The most critical issues facing business-owning families are family-based issues more than they are business-based issues.” – says Ward, J., Perpetuating the Family Business
“While the majority of family business owners would like to see their business transferred to the next generation, it is estimated that 70% will not survive into the 2nd generation and 90% will not make it to the 3rd generation.” – says the Family Firm Institute
For several years, the TCG team has taken care of a global audience of investors. We also have the exceptional opportunity to meet genius entrepreneurs who now remain a potent family as TCG clients. TCG is highly influenced by the best Family Governance Practices.
TCG’s past experience has notice that most financial challenges for business operations have always been human nature in concern rather than any legal operations. Our encounter with family governance and challenges in understanding family relations revolves around tackling the philosophical questions and then moves to actively manage the family council formation.