Family Business Advisory Services

Family businesses constitute the backbone of the Turkish economy. Families can be an important source of strength for businesses; they can support business growth by providing a shared sense of purpose and a long-term vision. However, the intertwining of family and business structures may also bring a specific set of challenges.

These challenges may include defining the roles available to family members, maintaining the balance between family members and non-family stakeholders, or preserving the engagement of a broad group of family shareholders with diverse expectations. Governance, conflict management, and succession planning are only some of the areas in which we support family businesses in making the most of their strengths and ensuring the sustainability of their success.

Our client portfolio includes various businesses that are family-owned and family-operated. We work with first-generation businesses with a single shareholder, as well as multi-generational family businesses with a broad shareholder and stakeholder structure.

We provide governance and advisory services to support the sustainable growth, institutionalization, and generational transition processes of family businesses. We also support the strengthening of the balance between family structure and business management, as well as the establishment of sustainable corporate frameworks. 


The advisory service areas covered under family business services are listed below:

  • Establishment of Family Business Governance Structures
  • Assessment of Institutionalization and Organizational Structure
  • Support for Family Constitution Preparation Processes
  • Design of Family Council and Management Structures
  • Clarification of Authority and Responsibility Structures
  • Support Services for Intergenerational Transition and Succession Processes
  • Governance-Perspective Assessment of Family and Business Relations
  • Development of Board of Directors and Advisory Board Structures
  • Assessment of Risk and Internal Control Structures in Family Businesses
  • Strengthening of Decision-Making and Corporate Governance Processes
  • Establishment of Internal Policy and Procedure Frameworks for Family Businesses
  • Development of Ethics and Compliance Structures in Family Businesses
  • Institutionalization and Governance Awareness Programs