Blog
Governance in owner-managed family businesses
(The author Philip Webb has been creating and managing businesses for the past 30 years, and has helped many companies find success and growth. He currently holds two NED positions and runs a UK charity.) Governance may not be the most exciting topic - it’s one that...
The benefits of having effective governance within your family business
Award-winning legal firm, Cartmell Shepherd Solicitors consider the principles of good governance in family firms and why it pays to find the best structure for you. “Family businesses are different from corporate companies and from one another. Therefore, it’s...
The balancing act of growth in family businesses
In our latest blog, featuring in the April issue of In Cumbria magazine, we examine the factors that affect growth for family businesses. Most family businesses are driven by far more than profit alone – family values, innovation and legacy all play a part. It is the...
“One day, all this will be yours …” by Farmstock Future Champions
Harrison & Hetherington (part of the H&H Group) formed Farmstock Futures in 2020 along with The Family Business Community, with the purpose of engaging the new generation working within farming and the wider agricultural business sectors across the UK. The...
Who says the family business won’t make it to the next generation?
Succession planning in family businesses is often a difficult and emotional process—it combines emotional and organisational change and all of the feelings that go with it. Emma Lindsay, Recruitment Manager at Carlisle based NXT Recruitment (pictured) discusses why...
Sagars Accountants look at the possible routes for succession and exit within family businesses
The topic of succession is a conversation that comes up frequently when family business owners. It’s a key area for consideration within the financial strategy and the structuring of a family business. Sagars Business Tax Partner, Kate Naylor (pictured) explains some...
Ever feel like your business has kidnapped you, in the boot of your own car?
Symptoms may include: Feeling out of control No idea where it could all end up Loss of control, as the world around you dictate your actions and responses Immersed in the suffocating detail of your business Lack of time to THINK “If it is to be – then It’s up to me”,...
Do you know the social value of your business?
Be Ethical founders, Heather and Caroline are passionate about encouraging family business owners to recognise amd harness the potential benefits of a social giving or ESG strategy. In their recent blog, they said: Social value for a business is when it considers more...
Business interruption insurance: How essential is BI cover?
During the winter months, as the weather turns more unpredictable and we see more frequent extreme weather events, family business owners are more likely to experience disruption to their operations, whether that be through a flood or as seen last November, the...
Legal experts say offering employees paid ‘volunteer time off’ can help family businesses to stand out in a competitive jobs market
Award-winning Cumbrian legal firm, Cartmell Shepherd Solicitors examine the potential benefits to family businesses in offering ‘volunteer time off’ to employees as part of a social giving strategy. Many family businesses from a wide range of sectors have been...
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