Blog
Why would our business benefit from a family constitution?
Find out more about family constitutions by The Family Business Community: Before you think “this doesn’t sound like it would apply to us”, let us explain a bit more about what family constitutions are and how you could gain from having one in place. Whilst ‘family...
Succession in a Family Business
The Chinese proverb that ‘wealth will not pass beyond three generations’ is likely to send a shiver down the spine of those who run a family business. Whether your business has just started trading or you are thinking about retiring and planning to hand the controls...
Family business succession – alternatives to passing the business to the next generation
by Christian Mancier One of the key topics that dominate any conversation about family businesses is succession. I’m often asked as an advisor what does succession usually look like in a family business? The simple answer is that there is no such thing as a “one size...
Why it’s important to be clear about your family business DNA
by The Family Business Community Having a clear understanding of your family business DNA, in other words what makes you unique, underpins everything you do and can play a large part in your business success. Your family business DNA can be broken down into your...
Is It Time To Change Performance Reviews?
Ramin Salehi is an experienced workplace wellbeing assessor and trainer, who has supported many organisations in raising awareness around mental health and employee wellbeing which encourages colleagues to thrive. In his latest blog he examines how Performance Reviews...
Why your family business needs an advisory board
Whether you’re a small start-up or a multi-generational family business, having a group of experienced advisers can enhance your management’s breadth of expertise. So, what exactly is an Advisory Board? Aside from being a well-proven business model worldwide, an...
Supporting the purpose driven business
Business Advisory Director, Joel Topham plays a leading role at Sagars Accountants in supporting family businesses of all shapes and sizes. Joel also works closely with The Family Business Community, participating in our Advisory Board and peer group programmes. In...
A step beyond – how family businesses can legalise their values and purpose
Sam Lyon, Head of Corporate and Commercial at award-winning Cumbrian legal firm, Cartmell Shepherd Solicitors looks at the ways in which family businesses can embed their values within their legal governance; Family businesses are well-known for taking the long-term...
Are the right people sat around your family business leadership table?
In our latest Fam Biz Community blog, we consider who should be sat around your family business leadership table; How many times have you paused to consider your family business leadership structure and whether you have the right people around your leadership table?...
5 Reasons why your family business needs a good lawyer
In the following article, legal expert and family business champion, Christian Mancier examines the unique reasons why family businesses can benefit from having good legal support. Christian is a Partner at North West-based legal firm, Gorvins Solicitors. Having spent...
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