Succession Planning
This is a key and ever present issue facing any family business and is the reason why less than 10% of family businesses pass beyond the third generation. Natural tensions arise between the values appropriate to a business and those that apply to a family.
We are experienced at dealing sensitively with these issues and with resolving them for the long term benefit of both the family and the business. This often involves the use of appropriate structures and techniques associated with shareholder agreements, family councils and family forums.
