How to change from a family business to a small and medium business

The main purpose of this consulting project was to provide appropriate solutions to Tejarat Gostar Matin Company in order to be able to institutionalize the appropriate organizational culture among its family managers and also to be able to use the performance of its financial department to make better decisions in the face of problems ahead. The project was actually part of the company's operational plan to change from a family-owned company to a small and medium-sized company. This research is an applicable explanatory research in the category of Field Studies. Data collection tools are field study, interviews with stakeholders, and the use of Likert questionnaire and multiple ranking scale. Comparative method was used to analyze the collected data. The solutions provided to the company as a result of the project include creating personal vision of the managers and the company vision, creating a strong and efficient corporate governance, holding regular board meetings, improving relationships, budgeting, holding regular financial management meetings with the board. Strengthen the legal sector and apply the concepts of business law, hire new employees other than family members, manage conflicts, use computers and software to improve processes, and use the future view in the field of ownership and entrepreneurship in a several month process, so to transform the company from a family owned company to a small to medium-sized formal company with strategies to face new issues and crises.