Management Consulting - Denver, Colorado, United States
We provide support and advisory services to families, boards and trusted advisors of companies shocked by the unexpected death of the business owner. The impact can be overwhelming as the business owner's death affects virtually everyone associated with the company including the family, employees, customers, suppliers, and others. Everyone asks themselves, "What is going to happen to the company and how will this affect me?" An owner's death creates a complex set of emotions including grief, fear and uncertainty that have profound implications. Leadership after a business owner or CEO's death requires an approach that builds confidence, addresses emotions, reduces fear, and gets the company focused. The survival of your business is often at stake and support from an adviser with specific expertise and insight is essential. The impact of a business owner's death has broad implications and triggers financial, insurance, banking and legal issues. This further adds to the emotional burden of the family and employees and drains energy away from the business. The complications of the owner's death always have negative implications resulting in a deterioration of company performance, lost jobs and loss of shareholder value. It also can have a devastating impact on the estate and the surviving family membersSupport and Advisory ServicesWe provide crucial support to company's trusted advisers, boards, and surviving family members to help them navigate the complex circumstances. We help address some of the following questions. • How can a trusted advisory or board help the surviving family or owners navigate thesedifficult circumstances?• How do we best deal with the short-term leadership challenge of the business?• How do we most effectively deal with the fear and uncertainty of the company's employees.• Should the legacy owner transition the leadership and continue to own the business?• Is it best to sell the business or discontinue / liquidate it?
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