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FBAC Certification Quiz

October 29, 2021 by The Galliard Team

Welcome to your Galliard FBA Certification Quiz

The key areas of family business consulting covered in the Family Business AdvisorCertification program are:

Family-owned and closely-held businesses:

The "Galliard Way":

As a Family Business Advisor we are encouraged to remember that:

Galliard recommends using the "coach approach" with clients. This means the Advisor will:

The visual image of "permanent whitewater" is a helpful way to remember that:

Transactional Trust is:

"Why" questions:

Interactions with family-owned businesses might mean we will be asked to serve in multiple roles, including: (choose all that apply)

For a family business to successfully thrive they need access to the right people, including: (choose all that apply)

One tool that Advisors can use to help show the relationships between family members is to draw a picture called:

It can be helpful to view the dynamics of family-owned businesses as:

Some examples of learner questions are:

Assessment Tools:

The Legacy Building Phase is:

In the Harris Garden Equipment Case Study it was clear that:

Shared discovery means:

Checking your own assumptions means taking the time to be certain you understand. A good question to ask so you can check assumptions might be:

Advisors can be helpful in supporting a successful generational transfer by:

It's important to understand generational differences when working with family businesses because:

Sibling management teams are becoming increasingly common in family-owned businesses. As Advisors we can help these teams be successful by:

Ownership Structures in a family business might include:

A Family Council:

Why should owners consider forming an Advisory Board?

Verbal Akido:

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