By Staff writer
Recent headlines encapsulate the tension between decisions made according to the family business agenda and those obligations which begin on incorporation and intensify with growth. To family firm owners this is an ever evolving scale and begs the question: at what point do the interests of external stakeholders take primacy?
As his business begins to crank up growth, Jason Miller, CEO of commercial laundry business CLEAN, revealed what it’s like to take on a successful family business and how the purchase of a competitor is opening up new horizons for the fifth generation company.
By Dave Gosling
A growing number of family business owners are opting to review succession plans in light of current Brexit uncertainty and how it might affect retirement planning. Facing such turbulence, open and honest communication between shareholders is vital and must be maintained.
Carlo Distefano’s first experience of the working world saw him work in a barbershop, but fast forward to the present day and his family-owned San Carlo restaurant group is generating a turnover of £60m.
Close Brothers Asset Management (CBAM) strove to find out what kept family business owners awake at night – and found ten key issues the majority faced.
Small sushi business Maki, a self-proclaimed challenger to chains Itsu and Wasabi, has made the latest step towards expanding the operation as sibling founders Daniel and Anthony Woodcock open a new shop just several months after the previous one.
Legal expert Melanie Wadsworth uses the example of one of the UK’s oldest construction companies to examine what family businesses should consider if looking to float and how it is possible to maintain unique family business characteristics whilst still answering to shareholders.
A couple have been on a globetrotting adventure for four years by combining business with pleasure through a “freedom lifestyle” that allows the duo to work just 20 hours a week, earn $10,000 a month and stay in luxury accommodation.
By Steve Benger
There is a huge misconception around the term “family business”. The words seems inextricably linked to the idea of small business; of Mum and Dad toiling round the clock in a corner shop or the reluctant son pressed into service as an apprentice butcher.
By Tim Rix
Working with family might not be everyone’s cup of tea, but when you get it right, it can prove extremely fruitful. Here are five ways to stay sane in a family business.
