Cincinnati - MCM | Business Strategy Consulting

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Cincinnati

201 East Fifth Street
Suite 2100
Cincinnati, OH 45202

Main: 513.768.6796
Fax: 513.768.6780

Parking Instructions

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Cincinnati Parking Instructions

Parking instructions: Park at the attached garage, 430 Main Street Cincinnati, OH 45202. Please call ahead to reserve a space. If this garage is full, we recommend the garage on 8th and Sycamore, 716 Sycamore St, Cincinnati, OH 45202.

Lexington Parking Instructions

Parking instructions: Park at the Hilton garage attached to the building, 369 W Vine St, Lexington, KY 40507. You may enter from either Vine Street or Main Street.

Louisville Parking Instructions

Parking instructions: Park at either the 4th Street Live! parking garage, 425S S 5th St, Louisville, KY 40202 or the Seelbach Hilton garage, 523 South Fifth Street, Louisville, KY 40202.

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Family Business Survey

1. A documented plan and schedule exists for transferring business decision-making responsibility and authority to the next generation of management.
- A
- B
- C
- D
2. The founder’s continuing role in the business has been discussed with the next generation of management and is well defined.
- A
- B
- C
- D
3. The founder has developed a written exit strategy from the business.
- A
- B
- C
- D
4. The founder’s plan has been communicated to all family members & stakeholders.
- A
- B
- C
- D
5. Our family meets regularly to develop the individual and collective communication, problem-solving and conflict-resolution skills of all adult family members.
- A
- B
- C
- D
6. We have a documented statement of the family’s business vision to which all adult family members subscribe.
- A
- B
- C
- D
7. We have developed, agreed upon and documented rules/guidelines for making decisions about hiring family members to work in the business.
- A
- B
- C
- D
8. We have considered, defined and documented the rights and responsibilities of each of the various business and family roles we play.
- A
- B
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- D
9. There is a documented strategic plan.
- A
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- D
10. We have an active, functioning board of directors with independent representatives (non-family).
- A
- B
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- D
11. We have an active, functioning board of directors with independent representatives (non-family).
- A
- B
- C
- D
12. Clear job descriptions and performance standards exist for both family and non-family employees.
- A
- B
- C
- D
13. Rules for compensating family members employed in the business have been established and effectively balance business and family considerations.
- A
- B
- C
- D
14. The management model that will be used in the next generation has been defined and documented.
- A
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- D
15. Criteria for evaluating candidates for the top management position(s) in the next generation have been agreed upon and documented.
- A
- B
- C
- D
16. An objective process by which successor selection(s) will be made has been established, documented, and communicated to affected stakeholders.
- A
- B
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18. Every adult family member understands the rights, roles and responsibilities that apply to the owners of our family’s business.
- A
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19. A decision has been made about to whom ownership will be transferred in the next generation.
- A
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20. Written buy-sell and/or shareholder agreements exist and are current. They define how stock will be treated in the event of death, disability or withdrawal of a shareholder from the business.
- A
- B
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- D
21. All owners receive periodic information about the financial performance of the business and are able to read, understand and interpret financial statements.
- A
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- D
22. The estate plans of the founder and all other family stakeholders are complete and are reviewed annually.
- A
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- D
23. The methods and means whereby the founder’s (or current leader’s) estate will be distributed have been shared with all affected family members.
- A
- B
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- D
24. Funding provisions exist for the payment of estate tax obligations.
- A
- B
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- D
25. The family knows the philosophy and specific intentions of the founder and his or her spouse concerning wealth and philanthropy.
- A
- B
- C
- D
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EOS Consultation

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