Description

Join Host Chris Delaney, BA, LL.B, B.Ed, TEP, FEA this week as he interviews Family Enterprise Advisor Brent VanParys of BDO Business Transition Services about the need for and process associated with creating a Family Participation Agreement.

As the Central Group Practice Leader for BDO Business Transition Services, Brent provides business transition and exit strategy planning for family-owned and private businesses across Ontario and Manitoba. He is an experienced facilitator, helping business families and stakeholder groups communicate and collaborate to build their future together.

Brent facilitates business-planning engagements with owners and management teams in a variety of industries including manufacturing, transportation, and agriculture. His collaborative method combines the expertise of management with his business knowledge to produce a clear, actionable plan to help drive the business.

Brent and Chris discuss:

• Social capital in a family
• Educating on and using the potential of the 3 Circle Model
• Identifying and leveraging the Values and Vision of family to achieve solutions and successful startegy
• The process of moving to the point of readiness for a Family Participation Agreement
• How to deal with the paradox of dealing with merit versus entitlement
• and much more..............

Books referred to by Brent:

• Developing Family Business Policies, Ward, Aronoff et al

See also:

• Family Business Consulting Group

Chris Delaney is the author of "The Naked Opus: Growing Your Family Wealth for the Long Term" - the book is available on Amazon.ca and in select Chapters/Indigo stores across Canada. Contact chris@nakedopus.com for speaking and workshop information.