Launches Initial Advisor Directory by Dubai Centre for Family Businesses, Aiming to Assist Family-Run Companies
Dubai Launches Family Business Advisors Directory for Expert Guidance
The Dubai Centre for Family Businesses, under Dubai Chambers, has taken a significant step forward in supporting family-run enterprises with the launch of Dubai's first Family Business Advisors Directory. This initiative aims to enhance the competitiveness and long-term sustainability of family businesses in Dubai by simplifying their access to qualified, trusted advisory services.
The directory contains 56 trusted advisors, divided into two categories: experienced professionals and certified consultants. These advisors have practical experience or formal certifications such as Certified Family Business Advisor (CFBA) and Certified Family Wealth Advisor (CFWA), offered in partnership with the Family Firm Institute (FFI).
The key services provided through this directory include connecting family businesses with advisors, developing governance frameworks, assistance with succession planning, guidance on restructuring and mergers & acquisitions, mediation, and resolution of commercial disputes. Each advisor in the directory is profiled with details about their professional background, certifications, areas of specialization, and contact information, enabling family businesses to select advisors tailored to their specific needs.
The Family Business Advisor Certification Programme, another resource for family-owned businesses, was launched by the Dubai Centre for Family Businesses in 2023, in collaboration with the world's leading authority on family enterprises, FFI. The certified consultants have completed the CFBA and CFWA programs, designed to help family-run enterprises strengthen sustainability, competitiveness, and long-term legacy planning.
The directory and the certification programme are part of the existing offerings from the Dubai Centre for Family Businesses. They are integrated with certification and training programs to raise advisory standards, giving members access to global educational resources and continuous skills development through the FFI's Global Education Network.
This initiative is a significant step towards providing specialized resources for family-owned businesses seeking expert guidance. The directory covers critical areas such as corporate and family governance, succession planning, restructuring, M&A advisory, mediation, and commercial dispute resolution. It serves as a specialized resource for family-owned businesses, offering them the opportunity to connect with expert consultancy support.
In conclusion, the Dubai Centre for Family Businesses reinforces its commitment to helping family-run enterprises through initiatives like the Family Business Advisors Directory and the Family Business Advisor Certification Programme. These resources aim to help family businesses navigate complex challenges, improve their competitiveness, and ensure their long-term sustainability.
- This directory, launched by the Dubai Centre for Family Businesses, comprises 56 trusted advisors, offering expertise in areas like governance frameworks and succession planning.
- The Family Business Advisor Directory is designed to simplify family businesses' access to quality, vetted advisory services, promoting sustainable growth and long-term competitiveness.
- The directory being a valuable resource, houses advisors with diverse specializations, including areas such as restructuring, mergers & acquisitions, and dispute resolution.
- The Family Business Advisor Certification Programme, another initiative by Dubai Centre for Family Businesses, equips consultants with the CFBA and CFWA certifications, to strengthen family-run enterprises' sustainability, competitiveness, and legacy planning.
- Besides the directory and the certification program, Dubai Centre for Family Businesses also offers various global educational resources and continuous skills development opportunities through the FFI's Global Education Network.
- The Family Business Advisor certification, in collaboration with the Family Firm Institute (FFI), aims to raise the advisory standards, providing family-owned businesses with the necessary tools for career development, job search, skills training, personal finance management, and wealth management.
- Recognizing the importance of diversity-and-inclusion in the business realm, these initiatives also focus on fostering leadership within family businesses, ensuring a more inclusive and equitable workforce, which enhances business and innovation.
- Reciprocally, these measures can have a positive impact on real estate investment and overall economic growth, as strong family-run enterprises contribute to a vibrant and sustainable business ecosystem.
- The Family Business Advisors Directory demonstrates the Dubai Centre for Family Businesses' unwavering commitment to supporting small-business entrepreneurs, ensuring they have access to resources that help them navigate their business careers and secure the best chances of success.
