Recognising roles and responsibilities, boundaries and terms of office are important in minimising the risk of disputes and conflict in the family firm. Clear and considered communication helps to mitigate the risk.
Succession planning is always on the family business agenda. However, it can be one of the hardest conversations to have because it involves people letting...
Almost every family business that we have spoken to in recent weeks is being disrupted by the COVID-19 pandemic. Josh Baron and Ben Francois explain...
Hearing about embezzlement in a public company rarely shocks anyone, but when it happens in a family business, people are often stunned. “How could he...
Over time a Family Constitution can gain such moral weight that contradiction becomes unthinkable. Bryony Cove and Sonal Shah of Farrer & Co explain more....
When crisis strikes a family business, advisers need a clear plan, with an emphasis on honesty, to minimise reputational damage Many businesses have been through...
Reputational risk is a key concern for many family firms. Alistair Morgan explains some of the considerations as to how families can manage their reputations....
