BreaktHRough Family Business Solutions
BreaktHRough for the Family Business solves the distinctive HR challenges of the family-owned business. In fact, it’s the most comprehensive solution ever developed for the unique payroll and human resources needs of family-owned businesses.
Add Value to Your Business
BreaktHRough for the Family Business is specially built to add value to family owned businesses with:
- 25 – 500 employees
- Multiple family members active in the business
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- Second generation, or more, active in the business
- Growth-and improvement-oriented
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The Framework, Tools, and Help You Need
BreaktHRough for the Family Business provides the framework, tools and ongoing help to take your family-owned business to the next level…or the next generation.
This program includes:
- Comprehensive payroll solutions audit to identify structural and process improvement opportunities, including tax credits
- Family Pay: system of reporting payroll and other financial information that ensures privacy for the owner and the owner’s family
- BreaktHRough HR AnswerLink: online access to HR forms, job descriptions, state and federal laws, and more
- Unique and confidential assessment of the company’s family business issues and identification of key improvement opportunities
- A copy of the book Every Family’s Business: 12 Common Sense Questions to Protect Your Wealth, and a corresponding workbook, for every family member in the business
- A guide to establishing your “Family Business Policy Guidelines,” and professionally printed guidelines customized for your family business
- Quarterly family business events (Networking, speakers, workshops, etc.)
- Annual Stewardship Review to assess progress and ROI and address future plans for your family business
Robust HR and Business Solutions
In addition to this base-level package, we have assembled a robust set of HR and business solutions to overcome the most common challenges to family business owners:
- Succession planning
- Interaction improvement programs to help your family and business function better by resolving conflicts, improving communication and teamwork
- Family compensation and performance evaluation reviews
- Comprehensive personal insurance analysis to identify family and business coverage and liability gaps
- Trustedfamily.net: an intranet platform for private and secure family business management and communication needs
- Customized “Family (k)” retirement planning to design the best way to meet the needs of each generation
- Expert analysis of compensation and benefits plans
- Comprehensive business valuation and planning to establish growth strategies, buy-sell agreements, resolve disputes, determine selling price, etc.
- Investment resources that provide capital to growth-oriented family-owned businesses
- Family business “Learning Map” strategy sessions to help family business stakeholders discuss and align around key business issues
- Healthcare reform assessment/consulting
- BreaktHRough HR AnswerLink On Demand and Compliance Services
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