Family businesses are the cornerstone of the British economy. We have over 150 years experience of dealing with family businesses and understand the dynamics that can impact both the family and the business. In recent years we have worked closely with the International Centre for Families in Business and together with the Centre and other members of Praxity, have developed a unique programme of training in family business dynamics which our partners are currently undertaking.

In addition to our more traditional services to business we have developed services specific to family and owner managed businesses that focus on:

  • Personal Financial Planning – achieving your desired lifestyle for now, for your family, for your future and long-term financial independence.

  • Estate and Wealth Management – strategies to ensure your estate is transferred efficiently and wealth is maximised.

  • Business Financial Planning – processes to improve your business to achieve a good sale price or prepare the business to be passed on within the family.

  • Management Succession – developing a succession strategy that makes the owner dispensable while maintaining business profitability.

  • Owner and Exit Transition Strategies – helping to manage the handover of control of your business.

  • Tax minimisation – tax effective remuneration and minimisation of capital taxes.

Family Businesses in the UK:
  • 75% of all private sector companies are family-owned

  • 30% of these businesses make it to the second generation

  • 64% of current owners of family businesses are aged over 50 years

  • 40% of these businesses have no identified successor

Forthcoming Events:

Family Business Survey: In conjunction with the International Centre for Families in Business and other Praxity members, we are carrying out a survey of family business that combined will identify the agenda for family businesses across the nation.

If you would like to be part of the survey please download and reply to Mel Chittenden in our Sheffield Office either by post or by fax on 0114 266 1456.

to download our Family Business Survey in Adobe PDF format.

For further information, please contact one of the following:

Sheffield - Richard FrostTel. 0114 266 7141
Doncaster - Richard MarshTel. 01302 367262
Northampton - Philip LomasTel. 01604 645600


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