Partner With Us
Helping you better serve your clients.
If you have clients who are business owners in the Mid-Atlantic region, particularly those managing family-owned businesses, Compass Point Consulting can be a valuable partner. Our expertise lies in increasing the value of companies through revenue and profit growth, leadership and talent development, family dynamics, and overall organizational health. By referring your clients to us, you not only add significant value to their businesses but also strengthen your client relationships, showcasing your commitment to their best interests.
What our partners say about the value we deliver.
Murphy McCormack Capital Advisors is a trusted M&A advisor to lower-middle market companies. Managing Partner Bob McCormack calls on Compass Point to help with family business clients whose company is ‘sellable but not ready.’ Aligning business strategy, building a strong leadership team, updating governance documents, and crafting a thoughtful succession plan opens the door to more lucrative opportunities and a better outcome for both family and business. That’s the reason Murphy McCormack partners with Compass Point for their family business clients.
We assist in navigating the challenges that often hold family businesses back.
Did you know that over 70% of family-owned businesses do not survive the transition from the first to the second generation?
By partnering with Compass Point Consulting, you can offer your clients invaluable support in overcoming the common challenges that stall their family business growth and transition. Here’s how we can add value:
- Revenue and Profit Growth: Implementing our proven frameworks helps clients achieve consistent year-over-year growth in revenue and profit.
- Leadership and Talent Development: We develop strong leadership teams and nurture talent within the family business to ensure long-term success.
- Family Dynamics: One of our key differentiations is our deep expertise in resolving conflicts and fostering a supportive environment that aligns with business goals.
- Owner Financial Gap: Uncovering financial gaps today provides opportunities to impact the owner’s future lifestyle and exit options.
- Strategic Transition Planning: Our comprehensive approach prepares businesses for successful transitions, protecting their legacy for future generations.
- Next Chapter Planning: When the business has been the center of the owner’s identity for decades, we help them envision how they can reimagine their legacy after business.A strategic partnership with our team positions you as a trusted advisor who goes beyond traditional services to ensure your client’s success, transition, and family legacy.
Earn Through Referrals
Access a one-page overview of our referral program and key opportunities to leverage our services for your clients.
Ready to Discuss Next Steps?
Fill out this form and a Compass Point Team Member will be in touch with you to set up a call.
What are the signs your client needs our proven framework?
Family businesses have unique challenges that create roadblocks to implementing the solutions you know your client will benefit from. Challenges surface in comments like:
- “I need to get my team on the same page.”
- “We need to improve our margins.”
- “The market is changing and we need a plan to pivot.”
- “I need to figure out how to get out of this business.”
- “I don’t know how to develop our Next Generation.”
- “We need some structure to deal with all the chaos. We’re organizationally a mess.”
Our focus is building an enduring family business. We’re very hands-on, embedding ourselves into the culture, helping find solutions to the powerful forces of love, power, and money.
What’s in it for you:
- Extend your services and add additional value through trusted experts
- Strengthen the family businesses you work with, helping them grow and succeed
- Earn through our referral program
- Join our network of leading businesses
Easy ways to deliver value to your clients
We will collaborate as a team to deliver beneficial education programs and workshops to your clients and prospects. These are typically 60-minute interactive sessions in person or online, designed to solve a specific pain point, to educate and inform. Example topics include:
- ‘Keeping the Family in the Family Business’
- ‘Avoiding Succession Potholes’
- ‘The Hard and Soft Factors of Business Valuation’
- ‘How to Grow Your Business in Uncertain Times’
- ‘Finding Cash Hidden in Your Business’
We can also customize a workshop based on what your team is hearing from family business owners. Visit our events page to learn about our upcoming events or our resources page to see more tools.
Want to know more about our workshops? Click here to view an example with some of our partners.
How is Compass Point different from other offerings?
We provide deep expertise in all the areas of business including organization and leadership development that a family business needs. Most of our competitors focus on one or two areas but do not take an integrated approach to solving complex problems. We are a one-stop shop if you are looking to create a successful business with aligned ownership and a strong family.
Frequently Asked Questions
Q: How can you help my client?
A: If your client is the business owner of a mid-size company (between $5M and $150M in revenue), we can help by assessing areas of opportunity to increase the value of their company. Please check our 6-pillars framework and you will learn all our areas of expertise.
Q: How do I know if Compass Point is a good fit for my client?
A: We work with different industries and different company sizes in the mid-size range. We work mainly, but not only, with family-owned businesses and we have expertise with owners and leadership teams from different generations. But the best way to know if we are a good fit is by contacting us. We will have a complementary 60-minute session with you and your client to discuss if we can help them.
Q: What value can you add to me and my business?
A: As a trusted advisor we can help you add more value to your clients or prospects by referring them to us. We will help their business thrive and you will also benefit from this. The long-term success of family business systems depends on the functioning and mutual support of family, business, and ownership. We can help your client/prospect navigate issues that often hold family business back, helping you both win. And this is a two-way street! We refer our clients to trusted advisors like you. Partner with us!