FAMILY BUSINESS GOVERNANCE
&
SUCCESSION

We support families in developing formal succession plans, governance and decision-making frameworks for their businesses. A family-owned business can be far more challenging, as it must also deal with family issues and dynamics which can lead to challenges in the operations of the business, particularly when there is a generational transition. With the transition of a business from one generation to the next, family-owned businesses focus on preserving the enterprise for future generations. Therefore, planning a clear strategy is important and we advise families on the creation of robust family governance structures, frameworks and policies to achieve their long-term family business succession goals.