Laying The Foundations For A Successful Family Business
The prospect of setting up a family business can be both exciting and daunting in equal measure. Whilst the promise of building a...
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Linda Andrews - Editorial Assistant, Family Business United
Nov 123 min read
Developing Responsible Owners In Family Businesses
Family businesses are unique, blending professional operations with personal relationships and a strong sense of legacy. For these...
Paul Andrews - Founder & CEO, Family Business United
Nov 125 min read
Post-Nuptial Agreements: Safeguarding Family Businesses & Preserving Heritage
Family businesses often embody generations of hard work, dedication, and a deep sense of heritage. Maintaining control of such a business...
Paul Andrews - Founder & CEO, Family Business United
Nov 123 min read
The Importance Of Shareholders’ Agreements For Family Businesses
Family businesses are built on shared history, trust, and a collective vision. However, these very qualities can also make them...
Kim-Adele Randall, Authentic Achievements
Oct 163 min read
The Role of Governance in Family Offices and How to Embed It Effortlessly
Family offices, which manage high-net-worth families' wealth and affairs, increasingly recognise the importance of robust governance...
Paul Andrews - Founder & CEO, Family Business United
Sep 134 min read
Family Governance In Family Firms: Core Components For Lasting Success
Family businesses form the backbone of many economies, contributing significantly to employment and GDP. However, managing the intricate...
Paul Andrews - Founder & CEO, Family Business United
Sep 123 min read
The Pillars Of Success for Multigenerational Family Businesses
Multigenerational family businesses are the bedrock of many economies, combining the strengths of tradition and innovation to create...
Paul Andrews - Founder & CEO, Family Business United
Sep 112 min read
Crafting A Family Constitution: A Blueprint For Harmony And Success
As the dynamics of family and business relationships grow increasingly complex, families can benefit from creating a formal 'family...
Paul Andrews - Founder & CEO, Family Business United
Aug 96 min read
Governance As A Key To Building Legacy
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...
Paul Andrews - Founder & CEO, Family Business United
Jul 183 min read
Making The Transition From A Family Business To A Business Family
Family businesses have been the backbone of economies worldwide, blending personal relationships with professional pursuits. However, as...
Paul Andrews - Founder & CEO, Family Business United
Jul 172 min read
The Core Principles Of Stewardship For Family Firms
For family businesses to be successful and long-lasting, stewardship is crucial. It is a key characteristic of businesses that attain...
Lianne Baker, Knowledge Development Lawyer, Forsters
Jun 258 min read
Should I Care About Corporate Governance?
On 22 April 2021, the European Confederation of Directors Associations published its updated Corporate Governance Guidance and Principles...
Paul Andrews - Founder & CEO, Family Business United
Jun 133 min read
Influencing Decisions In Family Businesses: Who Holds The Power?
Family businesses are often seen as a unique blend of personal relationships and professional endeavours. The dynamics within these...
Kirsty Ross, Director - Turcan Connell
Jun 115 min read
Techniques For Safeguarding The Family Business
With almost 300,000 family businesses representing a staggering 83.9% of private businesses in Scotland, it is understandable that they...
Family Business: Why Planning Ahead Needs To Happen Right Now
While every family business needs to plan for the future, conversations about what this means in practice aren’t always easy. The Logan...
Linda Andrews - Editorial Assistant, Family Business United
Apr 92 min read
The Differences Between A Family Business CEO And Chairman
The CEO and Chairman of a family business play distinct yet interconnected roles within the organisation, shaping its governance and...
Linda Andrews - Editorial Assistant, Family Business United
Feb 272 min read
The Underlying Purpose Of A Family Council
Family council serves as a crucial forum for fostering communication, unity, and collaboration within a family unit. Its underlying...
Paul Hunt - Partner, Higgs LLP
Feb 263 min read
Create The Right Structures For Personal, Family & Business Aspirations
Research regularly shows that many family businesses do not have in place formal arrangements regarding their relationships as owners...
Linda Andrews - Editorial Assistant, Family Business United
Feb 261 min read
The Core Roles Of A Family Business Chairman
Family business chairman plays a pivotal role in steering the course of the company, balancing familial ties with corporate...
Paul Andrews - Founder & CEO, Family Business United
Feb 262 min read
The Evolution Of A Family Business
The evolution of a family business is a fascinating journey that often begins with a visionary founder. In the early stages, the...
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