Our guest today is Elizabeth Bagger. Elizabeth is the former Director General of the Institute for Family Business (IFB) in the UK, a membership organization she was proud to serve for 12 years.

Her passion for family business led her to establish Avanti Family Business Advisory in September 2021 to support individual family businesses on their journey towards more harmonious family dynamics, stronger family governance and next generation integration and education. Along with her work with and for family businesses, Elizabeth spent almost a decade working for her own family business where she now serves as a non-executive director.

In this episode of Family Business Today, you will learn:

• What makes family businesses unique from non-family businesses

• How to build a resilient business for the long term

• How to combine legacy building with innovation and an entrepreneurial mindset

• Who should start the succession conversation and how

• What common mistakes family businesses make when it comes to family governance

• And more…

To learn more about Elizabeth and her work with family business, visit her website at www.avanti-fba.com.

At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together they create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

If you are considering a transition in your family business contact us today for a FREE  Transition Assessment (follow link) and receive a one-on-one review of your business transition preparedness with a family business consultant. (a $299 value)