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Private Banking
Corporate Advisory & Banking
Center for Family Business
Defining Legacy and the Future of the Business

Thank you for contacting Sauder Global.

Private Banking

Private Wealth Management
Corporate Advisory & Banking
- Corporate Advisory
- Corporate Banking
- Center for Family Business
- Defining Legacy and the Future of the Business
- Building a Support Team
- Succession Planning – Management and Ownership
- Capital Policies
- Employment Policies
- Governance and Communications
- Distributions and Family Liquidity
- Balancing Competing Interests
Private Equity

Defining Legacy and the Future of the Business

Many successful families strive to create enduring legacies. In the context of managing multigenerational family businesses, legacy is purposefully constructed, enhanced, and passed down from one generation to the next. For family business owners, legacy encompasses more than just being a member of the family; it also encompasses the role the family business plays in the lives of its employees and the communities it operates in.

We collaborate closely with our clients to address crucial aspects concerning the definition of their legacies and the future of their businesses. These considerations include:

What is the current generation's vision for the company in relation to future generations? Is there shared alignment between the current and future generations?
What are the purposes underlying the family's ownership of the business? Why does the family own the business?
What are the primary goals for maintaining the business within the family? Is it to sustain the family legacy, provide employment opportunities, generate wealth, or benefit the communities where the company operates?
How is ownership or management by individuals outside the family perceived?
Which values and principles should guide decision-making for both the family and the family business?
How were these values and principles established, and have they been documented in writing?