How many of your advisers truly understand the inherent tensions within a family business? How many of them have adapted the way in which they approach their relationship with their family clients to meet these unique circumstances?
The majority of businesses in the UK are run by families and they play a crucial role in the economy. Family businesses often have great personal value, as they have been passed down through many generations. If you are a member of a family that happens to own and run a business you will be aware of the tensions and pressures that can build trying to balance the demands of business with family life.
We understand that running a family business comes with unique complexities that need to be overcome in order to progress in the market and encourage growth. We have a specialist team and methodology to meet the complex needs of families in business. This approach is a complete re-think and builds on specialist techniques developed by sociologists who have studied families in business for decades. By addressing any issues and concerns, we can help build a long term plan that will help develop a prosperous family business.
It is of primary importance to try to understand what drives a business. Applying spirit and energy to the business side is a key factor in promoting success. We can help make the process of succession as smooth as possible, and assist in resolving any internal conflict or disagreement that could hinder business development.
Fraser is responsible for the audit of large groups of companies and international clients as well as advising a diverse range of owner managed and family businesses. Sector experience includes energy & utilities, technology, manufacturing, food and beverage, retail, distribution, property, tourism and leisure.