WHY JOIN THE IFB?
Owning a family business has many benefits, but we know from experience that there are challenges too. Whether you are trying to engage your children, preparing to pass the business on, wondering how you could improve your family’s relationship with the business, or dealing with family disputes, we are here to help.
Whatever your reason for joining, there are many benefits to working with our expert team and being part of our growing community of business families.
No matter the size, sector or generation of your business, other family firms have been through the same challenges.
This is why we offer a safe environment where families can talk freely about these issues with others who understand, share experiences and insights on what has and has not worked for them and help each other. Because there is no one-size-fits-all answer, our members benefit invaluably from the opportunity to explore well-travelled paths, learn about common family business issues, find practical ways to solve current challenges and address future ones up front.
Joining the IFB, you will have access to our extensive knowledge hub of advice and research for business families.
Whether you have questions on family governance, how to engage the next generation, managing shares, the role of non-executive directors, or family councils, our programme of members’ events brings you relevant insights from the latest family business thinking and best practice.
We are the voice of UK family business, representing you, your fellow members and the family business sector at the highest levels of Government. We provide a united voice for the family business sector, and promote its contribution to the UK economy. Our understanding of family business needs and contribution to the economy, and our strong links with policy-makers are crucial to help shape a regulatory environment that ensures family businesses are able to thrive.
We provide a trusted space for younger family members to connect, learn, share experiences and develop into the leaders of tomorrow.
Whether they are currently involved in the business or not, younger members of your family (18-40) are part of a dynamic and social group of peers who regularly meet to explore important questions and the challenges they face.
Members of the IFB Next Generation also have exclusive access to the international Next Generation Summit, held annually by FBN.
How Membership Works
Membership is open to any UK family business, regardless of your size, location or stage of the journey you are at. You must have an operating family owned business or family office to be eligible for membership.
IFB membership is company and family wide, which means there is no limit on the number of family members or senior managers who can engage with IFB.
Membership is not open to professional service providers, as IFB provides a non-solicitous environment for family business owners to meet and talk openly.
How Much Does Membership Cost?
We have a tiered fee structure, based on a company’s annual turnover as outlined below:
Below £50m £1,895 +VAT
Between 50m and £150m £2,495 +VAT
Between £150m and £500m £2,995 +VAT
Above £500m £3,495 +VAT
New members are charged an election fee of £295 + VAT, payable once upon application.
Not Sure If IFB Is For You?
If you still aren’t sure if IFB is right for you at the moment, why not register for our website. You’ll be able to download family business guides and advice, and sign up to our mailing lists. This will give you a flavour of what IFB has to offer to help you decide when to join us.
To find out more about IFB membership and how we can support you and your family business, contact William Pedder, Membership Director at email@example.com.