Family Business and Succession planning

We know what it takes to run a successful family business. How do we know? Because we are one. Family businesses really are a challenge with their own specific dynamics. And yet the crucial point is that they are a business and need to be run like one.

We tackle this thorny area with a structured approach to board meetings. This allows us to bring difficult subjects to the fore and over a period of time we can tackle the introduction of new blood, the handing over of the reigns, and the retirement (or scaling back), of Mum and Dad.

Family Business and Succession planning

Whatever the backstory, as professional family business accountants, we’ve been there, done it and wear the T-shirt daily.

We understand that the business is simply one aspect of the overall family position. We understand that you want to be safe in the knowledge that your loved ones are looked after long after you hang up your power suit. That takes planning and it’s not something we’d recommend leaving to the last minute. We can help you to forge ahead with exit strategies and planning your estate by maximising tax opportunities at every turn. The sooner we can work together, the brighter the future will look for your family and business’ future.

We know the tax regime inside out. We’ll be your gurus, giving you comprehensive and discreet advice. We’ve always got the answers and we’ll work with you to achieve the result that you want.

Our family business services include:

  • Attendance at family meetings
  • Pension planning
  • Long term strategy planning
  • Capital Gains Tax planning
  • Inheritance Tax planning
  • Trusts
  • Share reorganisations