Family Success Planning: Win the Generation Game

There’s a lot of twaddle talked about the rise and fall of family businesses and family succession planning, like: ‘Family-owned businesses are a small part the UK economy’.Actually they account for almost 95% of businesses in this country. So family succession planning is vital. Family businesses ‘go from shirtsleeves to shirtsleeves in three generations.’(The first […]

Due Diligence as Part of the Business Sale

Any organisation negotiating a business sale or purchase must challenge the assumptions being made about the deal. The purpose of due diligence is to provide comfort by reviewing and validating all of the financial, commercial, operational and strategic assumptions. It confirms that buyer and seller agree to what is being traded as well as giving […]

A Family Affair: Ensuring Successful Succession

A Family Affair – Hand Over Amongst the most significant challenges in the lifetime of any business is when the baton is passed from the current leader to their successor. Succession naturally comes with complications and an inevitable, but hopefully temporary, sense of instability for all parties.  Employees, current management, previous management, buyers, suppliers and […]