What is a Sample Agenda for a Family Council Meeting?

A family council meeting can be a great way for families to come together and discuss important issues, make decisions, and plan for the future. Here is a sample agenda that can be adapted to suit the specific needs and goals of your family:

 

1. Welcome and introduction: Start the meeting by welcoming everyone and introducing the purpose of the family council. Take a few minutes to explain the importance of family communication and decision-making, and remind everyone of the ground for the meeting.

 

2. Review of previous meeting minutes: If this is not the first family council meeting, take a few minutes to review the minutes from the previous meeting. Discuss any unfinished business or follow-up items, and ensure that everyone is up-to-date on the progress of any ongoing projects or issues.

 

3. Discussion of current family issues: Use this time to discuss any issues or challenges that are currently facing the family. Encourage everyone to share their thoughts and feelings, and work together to identify potential solutions or actions.

 

4. Goal setting: Discuss any long-term goals or aspirations for the family, such as financial planning, family vacations, or educational opportunities. Work together to set specific, achievable goals, and assign tasks or responsibilities as necessary.

 

5. Family finances: If appropriate, take some time to discuss the family's finances. This could include reviewing the family budget, discussing upcoming expenses, or planning for future investments.

 

6. Planning for family events: Use this time to plan upcoming family events, such as birthdays, holidays, or family vacations. Discuss logistics, budgets, and any other details that need to be ironed out.

 

7. Wrap-up and next steps: Summarize the key points of the meeting, and ensure that everyone is clear on any action items or follow-up tasks. Remind everyone of the next family council meeting, and encourage everyone to continue communicating and working together in the meantime.

 

Remember that this is just a sample agenda, and that you should tailor it to suit the specific needs and goals of your family. The most important thing is to create a safe, supportive space where everyone feels comfortable sharing their thoughts and ideas.

 

 

This blog is part of a six-part series. Check out the other blogs here:

1. When Should a Family Business Set Up a Board of Directors?

2. When Should a Family Business Set up a Family Council?

3. How Do You Establish a Family Council?

4. What Is a Sample Agenda for a Family Council Meeting?

5. How to Benchmark Pay Rates in a Family Business

6. What is a Succession Planning Roadmap for a Small Family Business?

 

 

I hope this blog gave you some insights on creating a sample agenda for your family council meeting. If you need guidance along the path, give me a call! I'd love to help coach you through a plan that works for you. Book a call.