Successful family business succession is a key topic of conversation in the boardrooms of family businesses the world over. It has...

Family businesses have been the backbone of economies worldwide, blending personal relationships with professional pursuits. However, as...

As the business landscape continues to evolve at a rapid pace, one of the critical elements for sustained growth and success is the...

Riaz Currimjee is the Founder and Managing Partner of Surya Capital, the family office backed Africa focused private investment firm he...

Family businesses are unique entities where personal and professional lives are deeply intertwined. They carry with them legacies,...

Nestled in the heart of Macclesfield, Cheshire, Arighi Bianchi stands as a beacon of retail excellence, boasting a 170-year legacy of...

Family businesses, ranging from small local shops to multinational corporations, are the backbone of economies around the globe, making a...

Succession planning is the linchpin for the longevity and continuity of family businesses, yet it remains a daunting challenge for many....

The issue of succession for a family business is bound up in a complex combination of commercial and personal issues. In business terms,...

In the bustling landscape of the UK's business sector, family-owned enterprises stand out as pillars of strength, not just economically...

In many family businesses around the world, one fundamental element stands out as a driving force behind long-term success: empathy. In...

Establishing boundaries is a cornerstone for the enduring success of family businesses, serving as a vital mechanism for navigating the...

Family businesses often face unique challenges and opportunities compared to their non-family counterparts. One such challenge is the decision of whether to invite non-family members to join the Board of Directors. While this move can bring valuable expertise and fresh perspectives, it also carries inherent risks that must be carefully weighed. In this article, we'll explore both the risks and rewards associated with inviting non-family members onto the board of a family busi

Family friction isn’t holding back the UK’s large family-run businesses according to the latest research from Investec Wealth & Investment (UK). Key Findings: Nearly 80% of large family-run businesses admit to bust-ups over entitlements and individual opinions But more than nine out of 10 say profit margins have increased in the past two years and 89% say the business keeps costs under control Around 4.8 million businesses are family-run, and they are estimated to contribute

The 'three-generation rule' which is also known as 'shirtsleeves to shirtsleeves in three generations' posits that wealth and businesses...

The CEO and Chairman of a family business play distinct yet interconnected roles within the organisation, shaping its governance and strategic direction. The CEO, or Chief Executive Officer, is responsible for day-to-day operations, implementing strategies, and ensuring the company's overall success. In contrast, the Chairman focuses on the board of directors, governance structure, and long-term vision. The CEO, often a family member, is at the forefront of decision-making, l

The need to recruit at a senior level within family businesses arises for various reasons, such as filling a gap in succession, boosting sales, enhancing production, introducing new products or services, or expanding into new territories. Bringing in a non-family executive promises fresh perspectives, new ideas, and valuable expertise. Nonetheless, such appointments carry significant risks. This article sheds light on four primary pitfalls in recruiting non-family executives

What do you need to know before deciding whether to join the family business? We know that family businesses are great at taking a...

In family businesses, relationships run deep and the bonds of kinship intertwine with the pursuit of success. In this article, I’ll...

So, you’ve been asked to join the board of directors of your family’s company. You may have already been working in the family business...