Learning and Education. Members value access to educational resources, workshops, and seminars tailored to the unique challenges and opportunities faced by family businesses.
Best Practices. Members are interested in learning best practices and strategies for improving governance, succession planning, and other aspects of family business management.
Peer Support. Members appreciate the opportunity to seek advice, guidance, and support from peers who understand the complexities of running a family business.
Access to Experts. Members benefit from access to expert advice, mentorship, and consulting services from professionals specializing in family business dynamics.
Innovation and Growth. Members are interested in exploring innovative ideas, strategies, and technologies to drive growth, innovation, and sustainability within their businesses.
Contribution and Recognition. Members value opportunities to contribute to the advancement of the businesses and families in the community while getting recognition and visibility within the community.
Community and Camaraderie. Members appreciate the sense of belonging and camaraderie fostered by belonging to a community of like-minded family business owners who share common values and experiences.
Multi-Generational Success. Members recognize the importance of multigenerational success and are interested in resources and support to help navigate the critical aspects of family business continuity.
Membership Criteria
Family Business Ownership. Membership is limited to individuals or families who have control over the strategic direction of the business and have or plan to have the next generation continue the business.
Business Size. Family should have assets under management of at least US$ 30 MM.
Commitment to Values. Prospective members should demonstrate a commitment to the values of integrity, collaboration, respect, and professionalism outlined in the organization's code of conduct.
Alignment with Mission. Prospective members should have a genuine interest in supporting and contributing to the mission and objectives of FBX, empowering family businesses for enduring success and positive impact.
Ethical Conduct. Prospective members should have a track record of ethical conduct, compliance with legal and regulatory requirements, and a commitment to upholding high standards of corporate governance and business ethics.
Willingness to Engage. Prospective members should be willing to actively engage with the FBX community, participate in events, workshops, and programs, and contribute to the collective learning and growth of the organization.
Reputation and Reference. Prospective members should enjoy a good reputation and have a respected position in their industry. A review will be conducted by the Membership Committee assessing the prospective member's reputation, business practices, and checking references from other members or reputable sources.
Industry and Sector. Membership may be open to family businesses operating in a wide range of industries and sectors, with diversity of industries and backgrounds contributing to a richer and more dynamic community.
Community Impact. The company is dedicated to making a positive contribution to the communities it serves.