{"id":3490,"date":"2023-09-22T19:37:35","date_gmt":"2023-09-22T19:37:35","guid":{"rendered":"https:\/\/bfh.com.sa\/?page_id=3490"},"modified":"2024-12-18T18:36:17","modified_gmt":"2024-12-18T18:36:17","slug":"homepage-en","status":"publish","type":"page","link":"https:\/\/bfh.com.sa\/","title":{"rendered":"HomePage-EN"},"content":{"rendered":"\t\t
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Behind every successful family enterprise is a strong cohesive family<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We help families achieve their fullest potential to grow and sustain their enterprises.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Behind every successful family enterprise is a strong cohesive family<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We help families achieve their fullest potential to grow and sustain their enterprises.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Who We Are <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The Business Family House is an advisory firm specialized in supporting business families \n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Working exclusively with business families, The Business Family House provides value-added solutions to the most pressing matters that families face.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Our Philosophy <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We provide you with the best expertise in the field of family businesses<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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We bring you top experts of family business from the Kingdom, together with the most renowned global experts in the field to support you achieve your objectives, grow, prosper, and sustain.\n\n<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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We are here to help you in your journey of building ownership capacity to achieve your long-term objectives<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Family businesses are different because the family is in the business. With family comes emotions of love, care trust, and purpose. At the same time, families experience difficult family dynamics that influence their relationships to each other and to the business. It\u2019s the family that makes or breaks the family enterprise.<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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A strong healthy family balances the interests of individual family members and the whole family in the long term. In doing so, the family brings valuable resources to the businesses and plays a central role in its longevity. <\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Our Services<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Diagnosis of your Family Enterprise System<\/div>
Family enterprises are different from non-family businesses in that the family is involved in the ownership and governance of the enterprise, bringing unique resources such as financial capital and talent, but also diverging interests, conflicts, and financial demands. This can lead to long-term risks and opportunities that impacts performance and sustainability.<\/div>Learn More<\/a><\/div><\/div><\/div>
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Owner Strategy and Governance<\/div>
As families and businesses grow in size and complexity, they start facing new challenges. At this stage, the need to translate informal norms and ways of doing business to formal governance structures and processes is essential for continuity and protection against conflicts.\n<\/div>Learn More<\/a><\/div><\/div><\/div>
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NextGen Development<\/div>
Most business families have the intention and objective to sustain the family enterprise for many generations to come. However, global studies show that the interest of the NextGen to join their family enterprises is decreasing. The need to keep the NextGen interested and to prepare them for their future roles as responsible owners, stewards, and potentially leaders of the family enterprise is crucial to achieve smooth transition from one generation to the next.\nCommon questions that business families face<\/div>Learn More<\/a><\/div><\/div><\/div>
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Generational Transition<\/div>
Generational transitions are essential for continuity of family enterprises, but are emotional, cultural, and family related and could potentially reshape the power structure around the business. Without making key decisions and planning for the process, there is a risk of conflicts and uninterested NextGen. To ensure a smooth transition, both the Now and the Next generations must engage in a collaborative and systemic process.\n<\/div>Learn More<\/a><\/div><\/div><\/div>
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Alignment and Communication<\/div>
Families grow over time, and the roles held by family members in the family enterprise become more diverse. This presents new challenges for business families, as individuals holding different roles often have different interests and priorities. Communication between family members becomes increasingly difficult due to cultural, emotional, structural, or procedural reasons. Effective communication is key for preventing conflict and legal disputes, but it is difficult without a moderator.\n<\/div>Learn More<\/a><\/div><\/div><\/div>
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Expert Support & Coaching<\/div>
Many families have put a lot of time and efforts defining their ownership strategy and governance structures and processes. However, because many of these structures and policies are specific in nature, many business families find it hard to initiate implementation. On the other hand, NextGen members often face challenges in finding their way into the family enterprise. Both areas present new challenges for members in business families as they navigate their day-today work, performing their roles in the family enterprise and activating its new governance structures and policies.\n<\/div>Learn More<\/a><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
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Our team of family business experts is unlike any other firm in the region<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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What Our Clients Say About Us<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\u201cDr. Abokhodair successfully completed an advisory related engagement for HAACO during 2020, the assignment was conducted with great care, diligence and attention to detail resulting in a successful strategic outcome for our family business. I have no hesitation in recommending working with Dr. Abokhodair, an advisor of the highest standard.\u201d \t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tMr. Mohamed Ali Alireza<\/span>CEO
Haji Abdullah Alireza & Co. Ltd.<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\u201cThe team at The Business Family House got involved with the National Center for Family Businesses twice in the center\u2019s short history. Dr. Abokhodair and Dr. Alrubaishi had finalized a research on family businesses in Saudi Arabia that was commissioned by the Center. A couple of years later, Dr. Abokhodair provided advisory services on several projects in the center and worked closely with the Center\u2019s staff and executives. In both cases the Business Family House team showed excellent knowledge about family businesses and great professionalism. I would not hesitate to highly recommend them for any work in this space.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tDr. Ghassan Alsulaiman<\/span>Chairman
The National Centre for Family Businesses<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"Working with Business Family House; Dr. Sabine and Dr. Hanoof has proved that mixing local knowledge with international expertise is the best way for us as a family to move forward. Their knowledge and attention to detail made the process smooth and exciting. Not to mention their friendly personalities that allowed the whole family to open up and be part of the process. Today we are starting the 3rd quarter of 2022 with a whole new vision and strategy set by the values that Dr. Sabine and Dr. Hanoof helped shape with us\"\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tMr. Motasim Hajaj<\/span>Chairman
Hajaj & Associates<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t\tNext<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Behind every successful family enterprise is a strong cohesive family We help families achieve their fullest potential to grow and sustain their enterprises. Behind every successful family enterprise is a strong cohesive family We help families achieve their fullest potential to grow and sustain their enterprises. Who We Are The Business Family House is an […]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-3490","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/pages\/3490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/comments?post=3490"}],"version-history":[{"count":31,"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/pages\/3490\/revisions"}],"predecessor-version":[{"id":4281,"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/pages\/3490\/revisions\/4281"}],"wp:attachment":[{"href":"https:\/\/bfh.com.sa\/wp-json\/wp\/v2\/media?parent=3490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}