Family businesses and SMEs

No matter where you want to go. We will accompany you with safety.

Family businesses are the heart and engine of our economy. They stand for sustainable success. But even family businesses are not immune to risks that could jeopardise their continued existence.

Risks can come in many forms: economic uncertainties, legal challenges or tax changes. These risks can significantly impair the success and stability of a family business if they are not recognised and managed in good time.

Systematic Risk management is therefore essential. It helps to identify and assess potential risks at an early stage and take suitable measures to minimise them. Both preventive measures and emergency plans play a decisive role here.

Our experts support you in developing and implementing a comprehensive risk management system. All relevant aspects, from legal and tax issues to business management and interpersonal challenges, are taken into account. The aim is to provide your family business with the best possible protection and ensure its future viability.

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A secure future with clear structures

A clear and efficient organisational structure is essential for the success of a family business. The organisational and operational structure as well as the reporting lines must be designed in such a way that they take into account the specific needs and challenges of a family business. KPMG supports you in developing a structure that both optimises operational processes and improves communication and reporting within the company. In this way, we help to ensure that your company is managed efficiently and transparently.

Governance and management systems

Sound governance is the key to sustainable corporate management. Family businesses benefit from customised governance and management systems that enhance business performance and meet the expectations of all family members. KPMG is at your side to promote dialogue between family members, set up a family advisory board or supervisory board and develop a code of conduct. We also support you in the implementation and optimisation of internal control systems (ICS), risk management systems (RMS) and compliance management systems (CMS). The non-financial internal control system (nIKS), which integrates non-financial aspects into corporate management and control, expands the existing ICS and thus contributes to even more sustainable and holistic corporate management.

Assurance services

Family businesses are also subject to increasingly complex audits and controls. Efficient risk management is therefore becoming a key factor when it comes to your assets and capital. KPMG supports you in managing risks in your business and shows you how to proactively deal with financing issues, tax strategies and the implementation of control processes. The requirements of IDW PS 98x and other standards are also taken into account, enabling a systematic and sustainable risk and control assessment. Rely on comprehensive services in the areas of compliance and Risk management, internal control systems and sustainability management to reliably protect your company against risks.

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Value-orientated planning with a long-term perspective

Careful management and strategic structuring of assets is a key component of the success of family businesses.

Asset management involves far more than just securing and increasing financial resources. It is about strategically aligning and optimising the use of assets in order to promote the company's goals and strengthen family values. This requires comprehensive planning and a holistic view of all relevant aspects.

Professional wealth management includes various components: from liquidity planning and investment strategy to tax optimisation and succession planning. All these aspects should be considered in an integrated approach in order to secure and increase wealth in the long term.

Our experts support you in developing and implementing a customised wealth strategy. Your individual needs and goals are taken into account as well as the specific requirements of your family business. The aim is to optimally structure and manage your assets in order to ensure the long-term success and continued existence of your company.

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Preserving values, shaping the future

The business world is in a constant state of change. Family businesses are no exception. In order to remain competitive and ensure long-term success, it is essential to continuously develop and adapt.

Innovation means more than just change. It is about fundamentally rethinking and redesigning existing structures, processes and business models. Technological innovations, but also new market strategies or organisational changes can point the way forward. The innovation process requires courage, foresight and a clear vision.

A successful innovation process takes into account both economic and human aspects. It is important to involve everyone involved in the process - from managers to employees - and to take their needs and concerns seriously. This is the only way to ensure the sustainable and successful further development of the family business.

Our experts will support you in developing and implementing a customised innovation strategy for your family business. We guide you through the entire process, from analysing and planning to implementation and follow-up. The aim is to make your company fit for the future and strengthen its competitiveness.

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Strategic personnel management between tradition and modernity

In family businesses, it is the people who make the difference. They are the heart and engine of the company, contributing their passion, loyalty and commitment. Without the employees, managers and family members, the sustainable success of a family business would be unthinkable.

Increasing employer attractiveness

Human factors are often the key to the uniqueness and success of a family business. It is therefore particularly important to create a working environment that promotes and values the individual strengths and potential of each individual. At the same time, it is important to combine long-standing traditions and established values with modern work concepts in order to increase your attractiveness as an employer, retain your own talent in the long term and keep up with the competition for skilled and junior staff. Linking values and trends in HR, such as digitalisation/AI and compensation & performance management, is the task in which we are happy to support you.

Holistic HR strategy

Professional HR management plays a central role here. From the recruitment and development of talent to the promotion of a positive corporate culture and succession planning, it encompasses various aspects that need to be considered in a holistic approach. In this way, employee satisfaction and motivation can be guaranteed.

KPMG and family businesses together

Our experts support you in being recognised not only as an employer but also as an innovator through targeted, future-oriented approaches and strategic measures. We work with you on a customised HR strategy and its implementation, taking into account your individual needs and goals as well as the specific requirements of your family business. The aim is to promote and retain the people in your company in the best possible way in order to ensure the long-term success and continued existence of your company.

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