Is your family business facing some big decisions? Do you sometimes long for an outside perspective or the support of experienced business experts? Are there opportunities that you don’t know how to take advantage of? Would it be useful to step outside of your family business to assess its performance?
Our Advisory Board programme run in partnership with Be the Business offers just that, and best of all, it’s free!!
The programme is designed to give family businesses without a formal board structure the support of a handpicked, experienced advisory board of industry experts to support, challenge and help you with your plans and strategies. You’ll benefit from fresh perspectives and insight, have a sounding board for your ideas and business strategy, as well as experienced support through challenges and critical decisions.
Advisory boards perform a similar role that non-executive directors play in large businesses, ultimately helping them to be more efficient, productive and competitive.
The programme is fully-funded and runs over a 12-month period including four quarterly online board meetings and ongoing advice aimed to take businesses into another gear of competitiveness.. The meetings are run to an agenda and minutes will be taken, with actions to be implemented.
We now have places available for SME family businesses from the North East, Yorkshire & Humberside who may be interested in joining the next round of the programme, commencing from January 2021.
Co-Director of The Family Business Network, Sue Howorth said, “We’re delighted to be able to offer family businesses across Yorkshire, Humberside and the North East the opportunity to join our forthcoming fully funded and highly acclaimed Advisory Board Programme, starting in January. The programme has already been successfully run within the North West, generating an overwhelmingly positive response from participating businesses.”
Dave Clarkson, Co-Director of The Family Business Network further commented, “Everything we do at the Family Business Network is about adding value to those working with and within family firms and that is why we have continued to offer this programme in partnership with Be the Business. From the offset, every stage of the Advisory Boards is a learning process and provides a unique chance for family businesses to access impartial, non-executive director style support, advice and reassurance.”
Simon Stirling, owner of Direct2Florist took part in the programme which ran in the North West, saying, “Before the programme started, I didn’t know what to expect. We are a small family business and we know it inside out, so it was strange to talk about our plans and ambitions with anyone outside the company. But having the support of a board has been transformational. They really helped us move things up a level.
“They were able to look at the business with a completely independent and impartial view. It made me reassess things I thought we didn’t need to change and really helped to focus our efforts on where we wanted to improve as a business and create a roadmap of how we get there.
“This meant that when Covid hit, we knew our business was in the right place to help local florists get through a really tough time.”