A family constitution is a confidential family document outlining their vision and agreement on ownership and management of the business....

A good Board Chair understands they are a facilitator to achieve the best outcomes rather than a ‘commander.’ They listen more than they...

Mike Wardlaw from Tilney sets out the key considerations for business owners Building a successful business takes years of hard work and...

Leadership succession is inevitable for most family businesses. Unfortunately all too often it is recognised as an issue but put to one...

In business there are few greater questions than what comes next. This is especially true in family companies, where work is always...

How to keep the business – and the family – running smoothly into the next generation and beyond as the building blocks of a national...

Succession is a term used by many people for many different things. Here we look at what succession is all about, some of the challenges...

The employee owned sector is changing. Over the last few years, we have seen growth in employee ownership as a succession plan for many...

One of the common questions asked of an adviser by any family business owners is how to attribute a value to the family business and how...

Succession is often not dealt with until it needs to be implemented. Succession planning is an area that many family businesses struggle...

Multi-generational businesses are extremely common in the UK and Essex is no exception. In fact, according to a report prepared by Oxford...

For many people working in the family business the thought of stepping back and no longer being actively involved on a daily basis is...

Stepping into leadership of a family business is not always easy, especially when you are following a successful founder. For Roberto,...

The pandemic has prompted many family businesses to re-evaluate their future, review their operations and brought family governance and...

Succession planning is often cited as one of the key challenges facing family firms. In many cases it is the elephant in the room and...

The media coverage of “The Great Resignation” has raised the profile of the ongoing and critical role of the board in succession...

If you’re a fan of the television show Succession, or if you’re aware of the conflicts playing out publicly and perennially among some of the most visible family businesses in the world — think the Murdochs or Sumner Redstone’s family— you might assume that family businesses are more fragile than other forms of enterprise. Indeed, that’s the conventional wisdom: Many articles or speeches about family businesses today include a reference to the ‘three-generation rule,’ which s