Structuring your family governance

Deminor helps you to align interests and balance powers between the different actors thanks to an adequate governance structure.

In a family business, the interests at stake are not always easy to reconcile. Moreover, there are usually people who combine different qualities with each their own interests (family member, shareholder, director, manager,...). Deminor helps you to align the interests and to balance the powers between the different actors by making agreements with all parties and recording them in a family charter.

The absence of agreements is often the cause of conflicts:

  • Lack of information
  • No representation in the Board of Directors
  • Conflicts of interest
  • No long term vision
  • No clarity on transfer of competences / generation
  • No strategy

Conflicts are detrimental for the family business:

  • Standstill
  • Feeling of distrust
  • Blocking / legal proceedings
  • Lack of evolution / innovation

This can be anticipated by recording agreements in a family charter.

Our method

A tailor-made family charter.

Preparation
Step 1 Brief analysis of the company and its shareholder structure.
Step 2 Individual and/or collective discussions based on questionnaires and/or topics of discussion.
Step 3 Synthesis of the various positions, discussion and reaching a consensus.
Step 4 Drawing up and signing a shareholders' agreement or family charter.
Implementation
Step 5 Implementation of the agreements defined in the shareholders' agreement or the family charter.

Frequently asked questions

  • Which strategy for the future ?
  • What hypotheses in the business plan ?
  • Should the family character be maintained ?
  • Which power relations between the parties ?
  • Possible solutions for exit wishes of shareholders ?
  • How to create an efficient advisory board or board of directors ?
  • Which remuneration for directors and members of the family ?
  • Which dividend policy ?
  • Need for an annual valuation ?
  • How to keep non-active shareholders involved ?
  • Which criteria and procedures for the recruitment of members of the family ?

Your guarantees

Deminor represents:

  • Total independence and an objective approach.
  • Strict confidentiality.
  • Acknowledged expertise and experience in corporate governance for more than 25 years.
  • Flexibility that allows us to adapt our interventions to each situation.
  • Transparent conditions described in an assignment letter.

Budget

  • An hourly rate agreed in advance.
  • The possibility to define an indicative budget for every phase of the assignment.
  • A monthly invoice with a detailed overview of the services.

Our references

In respect of the confidential nature of the files, references are only available on request.

Click here for an overview of our interventions and testimonials of our clients

 

Questions? Do not hesitate to contact us

Office Brussels: Tel. +32 (0)2 674 71 10

Office Ghent: Tel. +32 (0)9 283 71 10

Email. info@deminor.com