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Family Enterprise

Do You Work in a Family Enterprise?

As a member of a family business, you face unique challenges. The Family Enterprise system involves complexities stemming from interactions between owners, management, and family that often overlap one another. We can help bring a depth of knowledge and experience to the family table and ensure the continuity of assets from one generation to the next.

What We Offer to Family Enterprises

We developed the Four-Circle Model, an improvement of the well-known Three-Circle Model, to describe family business systems and success. It introduces a new circle to the system called Unifying Purpose™, a transformative element that is self-perpetuating and cross-generational. We can help you and your family business identify your circle of Unifying Purpose™.

Cove Family Enterprise - What We Offer

Services for Family Enterprises

  • Business Structure Education
  • Discussion Facilitation
  • Family Meeting Facilitation
  • Family Constitution Development
  • Family Will Planning/Co-ordination
  • Advisory Board Development
  • New Insurance Implementation
  • Exit Strategy Plan
  • Continuity Planning
  • Succession Planning
  • Tax Planning
  • Income and Asset Modelling
  • New Buy-Sell agreements
    • Shareholder Discussion Facilitation
    • Strategy Brainstorming
    • Detailed Recommendations
    • Outline Development
    • Letter of Understanding (LOU) Development
    • Co-ordination of Legal Advisors
    • Implementation Oversight
    • Regular Reviews
  • Existing Buy-Sell Agreement Reviews and Stress Testing
  • Buy-Sell Funding Analysis
  • Insurance Reviews