A family constitution is a confidential family document outlining their vision and agreement on ownership and management of the business....

This legacy article covers how a business family legacy does not only serve as a thought garden, an oasis of wisdom for the family, their...

Family businesses are vital to the UK economy and contribute hundreds of billions to the UK’s GDP. They have unique advantages including...

Sometimes, the informality of working in some family business can be a great blessing… or a dreadful curse. Here, Rochelle Clarke of...

How can you ensure that your business reflects the character of your family? Could an internal brand be part of the solution? The...

Some companies use their status as a family business as part of their brand, while others choose not to. What are the advantages of a...

For a family-owned business nothing is more important to an organisation than the nurturing and protection of its reputation. Having a...

Communication in a family business always seems to be a moving feast. Someone, somewhere, in the family, may appear to be out of...

Given their portrayals in the media, it might be easy to dismiss family businesses as hotbeds of power playing, favour currying, and...

Family businesses are much more well-thought-of than other businesses, according to a new landmark national survey. Based on a...

Open, honest and clear communication is one of the most important hallmarks of a successful multigenerational family business. Family...

Honest and clear communication is so critical to family business success. Here we highlight a few of the hot spots that can spark trouble...

So how do families ensure that the next generation has that spark? Recent research suggests that, perhaps surprisingly, story-telling...

From the outside, the Alexander family seemed to have it all. Henry, the grandfather and family patriarch, had managed to turn a small...

Family charters are becoming increasingly popular. But what are they, and what can they do to enhance your business? There is an amount...

“What do you mean we can’t pay dividends this year?” Elisa was incredulous. The board of the watch company she and her husband Mark had...

When crisis strikes a family business, advisers need a clear plan, with an emphasis on honesty, to minimise reputational damage Many...

Trust, communication and identity are values that need to be considered when selecting a successor. Research confirms that only about...

For the next generation, having a family enterprise changes everything – from your tax status to power dynamics in the family. The...