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...
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Paul Andrews - Founder & CEO, Family Business United
- 4 days ago
- 3 min
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
- 5 days ago
- 2 min
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...
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...
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...
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...
Should I Care About Corporate Governance?
On 22 April 2021, the European Confederation of Directors Associations published its updated Corporate Governance Guidance and Principles...
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 11
- 5 min
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...
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...
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 26
- 3 min
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...
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...
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...
Katherine Forster, Legal Director, Birketts
- Feb 22
- 3 min
Creating A Family Charter For Family Business Success
Family business owners often see their business as “the additional family member at the dining room table.” Preparing a family charter...
John Broons, John Broons Advisory
- Feb 20
- 3 min
Creating Your Family Business Charter
A family business charter or code of conduct, can be the key to successful family dynamics and business endeavors. Many families in...
Are Pre-Nups Becoming A Business Essential?
In business as in marriage, planning for unseen circumstances can help make potential obstacles easier to navigate for co-founders. For...
John Harte - Integrity Governance
- Dec 5, 2023
- 4 min
Independent Board Evaluations Are More Important Than Ever
News stories in the media about poor leadership and a toxic culture at well-known organisations are becoming increasingly commonplace....
Paul Andrews - Founder & CEO, Family Business United
- Nov 24, 2023
- 2 min
The Importance Of Family Business Governance
Governance in family businesses plays a crucial role in determining their potential for long-term success and sustainability. Unlike...
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