Family Charter: The Secret to Sustaining Family Businesses

Family Charter: The Secret to Sustaining Family Businesses

Family businesses are an essential part of the economic fabric in the Kingdom and the world, contributing to economic growth and job creation. However, they face significant challenges in maintaining their success across generations. This is where the family charter comes in, representing a strategic tool that promotes sustainability and growth by regulating the relationship between the interests of the company and the interests of partners (family members) and defining the powers, responsibilities, values, and strategic directions of the company.

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