Latest News from the Family Business Advisers
4 key considerations for Family Businesses
Every family business is unique, however many face similar challenges. These challenges and difficulties often arise when the second or subsequent generation enter the business. We look at the key areas to address to ensure success.
Family values and governance
Maintaining family values within...
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Family Investment Companies – Do I need to know about them?
You own a business and are working hard towards making it the success you dream of. You know that business planning is a crucial part of that success. You know personal planning is equally as important to achieve those personal goals and ambitions that will make it all worthwhile.
Once...
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Warning signs that your family business is NOT ready to sell – With solutions
If you drew an organisation chart that shows your role in your business, how many lines on it lead to you? Are you at the top of a traditional Christmas-tree-like organisational chart, or are you stuck in the middle of your business, like a hub in a bicycle wheel?
As anyone who has tried to fly...
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6 little things that can increase the value of your family business
I was watching the recent 2017 World Championships in London and some of the close finishes got me thinking.
The GB and NI reached their medal target by the “skin of their teeth” on the last day, but they suffered from six 4th places that would have changed story into one of wild...
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Family Business Adviser – An event tailored to you…
Join us on the 14th September at The Mere Court Hotel, Knutsford as we bring to you invaluable insights into the Family Business Advisory Group.
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Our Family Business Advisers will be...How to plan your Family Business Transition
The example below has been drawn from the cases of a few clients to illustrates the typical issues faced when business owners seek to pass their Family business down to the next generation.
Background
S Limited is a long standing trading company run and owned...
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What are the key considerations to ensure a family business is successful?
The key factors affecting family businesses can often be more complex than those facing non-family run businesses, due to the pivotal role which the family itself plays and the dynamics that are often present. If a business is badly handled and does not have a clear long-term plan for its future,...
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