1. Do family members know they are welcome to join the firm? --- ---
2. Do we have policies for entry into and exit from the firm? --- ---
3. Is a system in place to train and develop the successor? --- ---
4. Do we have a succession plan? --- ---
5. Can family members in the firm effectively communicate? --- ---
6. Do we have a system to resolve conflict among family members? --- ---
7. Are women welcomed in the business? --- ---
8. Is there a minimum amount of sibling rivalry in the firm? --- ---
9. Is there a system in place for choosing a successor? --- ---
10. Does the family agree on goals for the business? --- ---
If you answered no to any item action should be outlined and implemented to address and
set policies for that item.
