A true legacy encompasses more than just material wealth; it includes the values, wisdom and love that we pass on to our descendants. "In...

Only 40% of family-owned businesses reach the second generation, 13% get to the third, and just 3% are passed down to a fourth generation...

In the world of business, few entities capture the imagination and admiration of the public as effectively as family businesses. These...

In some senses, the legacy of any business is a slightly nebulous concept, but the thing which tends to set family businesses apart from other businesses is the degree to which people are personally as well as financially and professionally invested in them. This means that the way the business is set-up, managed and run on a day to day basis is much more likely to provide a reflection of the values of the family members who own that business, and it is the continuation and u

Succession planning is a crucial aspect of ensuring the longevity and prosperity of family businesses. As the torch passes from one...

In the ever-evolving landscape of commerce, family businesses often stand as timeless pillars, weaving a narrative of tradition,...

This legacy article covers how a business family legacy does not only serve as a thought garden, an oasis of wisdom for the family, their...

Photographs capture events, landscapes, and individuals. Each photograph is a framed picture composed by the photographer, they freeze...

For a family-owned business nothing is more important to an organisation than the nurturing and protection of its reputation. Having a family enterprise is not only a privilege – it’s also a huge responsibility. Unlike many boards of publicly owned entities, due to their personal connection, families have additional emotional investment in their business. They are in it for the long haul to create a legacy for their family. Custodians of valuable assets that provide for their

“What do you mean we can’t pay dividends this year?” Elisa was incredulous. The board of the watch company she and her husband Mark had founded had just reviewed projected end-of-year performance. Usually this meeting was a celebration of another incremental step forward, with moderate growth, no debt, and significant dividends, which Elisa and Mark used to support their comfortable lifestyle and charitable donations. This year, however, revenue growth was way up, but profits

Established by Sir William Hastings in the late 1960’s, Hastings Hotels is a family-owned company and the largest independent hotel group...

New research for the Dying Matters Coalition shows that the majority of people in Britain have not discussed or made any plans for when...