Criteria for Membership
The Horn Family: The Pennfield Corporation
Profile of a Typical Member
Over the years, we have found that certain kinds of individuals derive enormous benefits from The Center for Family Business. They are best described as:
- Member of a family firm with one or more members of the family
- Committed to building a legacy
- Intends for the family to retain ownership of the business
- Forward thinking: plans for the future
- Open to consider new ideas
- Committed to good succession planning
- Problem-solver
- Likely to seek outside resources to address a challenge
- Willing to devote time to address business and family challenges
- Benefits from networking with other family business people
- The business has revenues of at least $3 million
Membership is open to family businesses in which:
- Annual revenue is at least $3 million
- The family expects to retain its management and/or control in the business
- One or more family members work in the company
- The family has controlling interest in the firm