The Family Practice helps families in business to prepare the different stages of the handover process. In most cases, the focus is on long-term preservation of both the business and family harmony.
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SUCCESSION PLANNING AND HANDOVER
We act as a facilitator, helping the family to develop and agree on solutions for a smooth handover.
SUPPORTING THE NEXT GENERATION
Being born into a ‘family in business’ means having to deal very early on with a passionate, work-charged environment where family and company life are closely intertwined.
To support the Next Gen with these challenges and with their entry into the business, we have set up two dedicated support programmes.
THE PHILANTHROPIC APPROACH
Philanthropy can help family members to unite around the family’s specific values, understand the value of money, communicate better between generations, learn to make decisions together and create a role for family members who are not active in the family business.
Our philanthropy advice services often prove to be extremely valuable in succession planning for family businesses.