As the inheritance tax landscape continues to evolve, many families are looking more closely at which governance structures best reflects their long-term objectives.

Recent news that Prada has agreed to buy Versace in a £1.1billion deal, that brings together two of Italy’s biggest luxury fashion...

When business owners decide to step down, one of the most common succession options is to sell the business to a third party. A trade...

Succession planning is an inevitable consideration for every business owner, no matter the size or industry of the business. Eventually,...

One of the many things to set family-owned businesses apart from other commercial enterprises is the question of legacy. However, in a...

The key difference between the majority of family-owned businesses and publicly limited companies lies in the structure of ownership....

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

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