Advice For Family Business Owners
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An Introduction to Family Constitutions
21st May 2021
Managing family wealth, businesses and legacies can sometimes involve a divergence of views between family members as to how this may be achieved and the role individual family members, and others, are to play. Family constitutions aim to create a guiding protocol with regard to the governance of the family as a whole.
From “who I am” to “who we are”: Turning confusion and conflict about identity into a source of strength
20th April 2021
In the second in his series looking Identity Confusion, Nick Mayhew explores how to turn confusion and conflict about identity into a source of strength.
Entitled to Enabled – 5 Successor Tests for our Times
24th November 2020
The language of ‘testing’ presents an opportunity to move from validation by others to enabling, development and possibility for successors. In this article Philip Mackeown explores what common tests successors face and how meeting them can get them from entitled to enabled to lead.
Successor Value as a measure of well-timed entry to the family company
28th October 2020
Do you know what your value to the family company as a successor is? If you are considering joining, do you know under what conditions your value might be at its maximum? Are these questions important?
Successful Successors think ‘Informed’ Opportunity
29th September 2020
To make the choice of joining the family business a meaningful, informed and successful one, there are some key questions family business members should consider.
How to get Mum and Dad to talk about Succession Planning in your Family Business
23rd September 2020
Have you tried to raise the subject of succession planning with your parents? How have they reacted? In this guest article Russ Haworth shares his experience and insights on this common family business challenge.
Family businesses and the increasing importance of the Family Bank
8th September 2020
A family bank can take many forms – it is not necessarily a bank, it can be a private investment vehicle, a legal framework, or perhaps simply just a notion – the key is that it provides long term strategy and clarity to all family members, focused on delivering a platform for preserving and transitioning wealth.
A Successor by any other name
29th July 2020
In this guest blog Philip Mackeown explores the role of the family business successor. What does it mean to be a family business successor, for the individual, the family and the business? What should a successor be thinking about?