Smart business wealth solutions

It’s no simple task to create a business strategy for any corporation, but developing a plan for a family-owned business can be especially complex because it involves a unique set of challenges.

Some of the most complex issues involved with creating a family business strategy include:

Difficulties in separating family issues from business issues when creating a strategic plan
Willingness of all family members to embrace and follow guidelines set forth in the family business plan
Agreement between family members on the specific goals of the business
An understanding amongst all family members that the business strategy must be reviewed periodically, and that changes in business objectives may be necessary to keep up with modern times

Strategic planning is essential if a family business is to survive for many generations.

A family business that is grounded on a logical family business strategy has the best chance for success.

Not only do you need a vision for the future of your family business, but you also need a plan for determining how the business will get there. A strategic plan is not just a document created and then placed in a filing cabinet and forgotten.

A family business strategy:

1) identifies important issues,

2) sets goals,

3) develops an action plan, and

4) implements an agreed-upon strategy.

What is included in our Family Business Strategy Plan?

A strategic plan for a family business usually requires a well-thought-out document that specifies the process to which the business will adhere in order to reach ultimate success. This includes:

Goals for obtaining new customers
Strategies for retaining existing customers
Tactics related to customer service
Methods for increasing revenue each year
Dedication to making changes in the business as the market demands
Define processes for reviewing the effectiveness of current business tactics and guidelines for determining if procedures should be altered

Can your family answer the question: “What is our family business strategy?”

Successful family businesses have leaders that encourage and promote the business strategy on a daily basis – and also understand when adjustments are needed. Developing a business strategy is complex and challenging, but it is essential for the continued success of any family business.

Does your family business need help?

With many decades of experience, we understand the wide variety of challenges that families face as they work together to build, grow and sustain a thriving family business generation after generation.

Find out more

For more information on how our Family Business Consultancy service can help your family business, please contact us or complete and submit the form below.

Sanjay Shah is a tremendous asset to our board as non exec director and as either chair or member of various board committees. His calm authority, deep regulatory knowledge, and thoughtful challenge ensures consistently adds meaningful value. He doesn’t just fulfil his duties; he enhances the quality of governance and decision-making across the boardroom.

I had the pleasure of working alongside Sanjay Shah and admired the depth of professionalism and integrity he brought to each role. When I invited him to join as a Non-Executive Director, it was because I knew he would be more than a genuine asset and guiding hand.

Sanjay combines deep sector expertise with sharp strategic insight, making him a powerful value-add in the boardroom. He understands the regulatory landscape not just in theory, but in practice — and treats his corporate governance responsibilities with the seriousness they deserve. His ability to engage with complex issues calmly, ask the right questions, and provide clarity in challenging moments makes him an invaluable presence.

He brings wisdom without ego, oversight without interference, and a quiet authority that inspires confidence at every level. Sanjay adds tangible value to both the governance and strategic direction of any organisation fortunate enough to have him at the table.

Vesper France AWM Wealth Management

Sanjay joined VFD Pro as a NED last year. Having quickly grasped the proposition he saw the potential and has been instrumental in helping the company in its growth trajectory. His sense of purpose and quick grasp of the business has certainly provided a different dimension for us with an easy down to earth professional manner.

Mr. Mark Walker CEO of VFD Pro Ltd

I cannot speak highly enough of Sanjay – most importantly as a person of warmth and integrity, but also in terms of his expertise and business acumen. I have known Sanjay for over 15 years, from his time as MD of a leading London based Wealth Management Business, which achieved great things. I thoroughly recommend that anyone who wants to explore funding requirements for their business, speak to him. He will give fantastic service as he always has, and truly deliver the best solutions for you. Given his track record he is uniquely placed to add significant value, by combining that expertise on Finance with great advice on your business. He is a Financial and Business Guru to many – he is the man to speak to when you need to take your business to another level!

Mr Luke Russell

We retained Sanjay and Smart Advisory Solutions to provide our fledgling business with practical strategic advice. We were a little apprehensive at first but we needn’t have been. What we have received from him has been absolutely exceptional and he has provided invaluable advice and help professionalise our business. He has helped us create new confidence to grow the business and look at new sources of clients and introductions. Thank you Sanjay.

Ms. Megha Jain Interior Designer at We Style Homes

If you are looking for a Business consultant to work with, look no further than Sanjay. I can highly recommend his services. Having approached Sanjay it soon became apparent that he could use his wealth of experience to assist me with my IFA practice. Having worked with Sanjay for a few months now, we have built a lasting relationship that I truly believe will help me further my business aspirations. He has helped me implement a strategic Business plan which I look forward to carrying out with his guidance. It has been a pleasure working with Sanjay. Thank you.

Mr. Chris Dahl Director, Advies Private Clients