Business Family Enterprise Report - Moving From Success to Significance

There’s Value in Just Feeling Heard Working with family members who have complex relationships with each other is nothing new to me.  My specialty is working with enterprising families, which is the term that my field has come up with to describe not only family businesses, but also families that have attained a certain level […]

In this article, we take a look at intellectual property rights and, in particular, how they can be best be utilised for business growth and protection in the context of farms and rural business.What Is Intellectual Property?Intellectual property, or IP, is a general term which describes intangible assets. All businesses have IP, regardless of what sector a business is operating within, and examples of IP include copyright, trade marks, patents, design rights and many more. These assets, althoug

Failure to implement a succession plan is one of the main reasons why so few family businesses survive, future generations. The combination of the evolving volatile economic implications of the Ukraine War, post recent UK and USA elections and post Brexit, alongside recent changes introduced by the UK Budget in October 2024 have added further importance to the need to carry out effective pro-active succession planning for family businesses. The best way to secure a family business’ future, is

Working capital is the capital of a business, which is used in it’s day-to-day trading operations, calculated as the current assets minus the current liabilities. Current assets are held for a short period of time and will be converted into cash within one year e.g. trade debtors, prepayments, stock etc. Current liabilities are short term obligations and are debts due to outside parties within one year e.g. trade creditors, VAT, PAYE, leases and loans. If current assets exceed current liabilitie

Selling a family business is one of the biggest decisions an owner will ever make. It’s not just about the business itself—it’s about the people, the legacy, and often, the identity that comes with it. But when the time comes to sell, emotion must be balanced with a clear strategy. Buyers don’t just look at what the business is today—they want to know what it will be without you.One of the biggest risks in any sale is an over-reliance on the owner. If the business can’t function without them, bu

With 80% of UK SMEs classified as family-owned and SMEs contributing 60% of UK employment and 48% of business turnover, it has never been more important to develop and maintain a strong market position.Niki Sterling, a multi-channel growth specialist who excels in identifying hidden pockets of growth and defining distinctive strengths within businesses, shares her insights on why crafting your competitive advantage is essential for long-term success.For family businesses, winning is not just abo

Bagnalls, based in Cleckheaton celebrates 150 years as a family run and managed business on March 13th, 2025. Originally established in 1875 by Alfred Bagnall, the company is now managed by fifth generation and great, great grandson Stephen Bagnall.Stephen describes the landmark event in the company’s history, “Today, we celebrate 150 years since Alfred Bagnall, my great, great-grandfather founded the company."“Alfred’s original vision and determination has seen the company transform from its h

Are They Adults, Or Are They Children? This week we’re venturing into an area I really enjoy discussing with folks who live and/or work in the family transition space. There are so many topics to think about, as hundreds of my posts here over the last decade will attest. But in the end, some are […]

IPOs offer access to capital markets, but they don't resolve the issues that can plague family businesses, says Mishal Kanoo

Myriad management configurations bring myriad risks: How to navigate rocky relationships, underperformance and succession

“I’ve worked this area since 2009,” Ms Turner said.

The business is 115 years old

A Meriden-based steel company that serves a broad array of customers is spending in excess of $4 million to continue to compete in the domestic marketplace, despite uncertainties associated with tariffs being imposed by the Trump administration and how foreign countries will respond.

One of President Trump's first executive orders "hurt a small business in a small community," says the owner of a Cedar City family construction firm.

Lawyers warned family businesses, including farms, who are rushing plans to avoid capital gains tax could be exposed to future risks should there be a divorce in the family

Reminder to Occasionally Reflect on What’s Important In this week’s missive I want to go to a place that I probably don’t venture to often enough, maybe because it’s a bit deep for many of us. We’ll be looking at some very basic human needs here, as hinted at in the title.  We all work […]

One of Britain’s best-known entrepreneurs is accusing the government of destroying family businesses and untold billions in tax revenues.

Let’s look at the wider impacts of changes to business property relief

A Fresh Look at Defining “Who’s Family”? Writing this blog each week allows me to see subjects come up again over time, and realize that evolution affects things in many ways. The world is evolving, the ecosystem of professionals serving families continues to grow and make progress, and my practice is always maturing. Some “evergreen” […]

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Family enterprises must balance legacy and professionalization to sustain wealth. Adapting asset management strategies can ensure long-term success.

Providing Clarity Can Bring Change of All Kinds One of the aspects that I love about my practice serving enterprising families is the variety of situations I get exposed to. And sometimes the way things flow from one day to the next brings up interesting juxtapositions that kind of make me shake my head. This […]

Is It One or the Other, or the Right Balance of Each? When you’re lucky enough to get invited into a family to work with various family members, you face an interesting learning curve. You want to learn a lot about each person quickly, so that you can begin to add value based on the […]

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