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Governance is essential. For family and owner managed businesses, there often comes a point where neither tradition nor experience is sufficient. Business growth, increase of family wealth and issues around succession and transition give rise to a need for a more structured governance framework. Governance is an ongoing commitment practiced by family members, the board of the company, shareholders and management.
Through a governance assessment, Deloitte professionals can help families and their businesses to identify and set up the most effective governance structure to communicate effectively, plan for the future, and maintain decisiveness and cohesiveness.
To achieve this goal, professionals from Consulting and Tax functions will cooperate to reach the optimum result.