Families in Business
Many businesses are owned and managed by members of one or more families, but it is our experience that advisers will often ignore the family context and relationships when giving advice. Our approach is very much to place the families at the centre of the business and to invest time in understanding what makes the family, as well as the business, tick.
Our Approach
We do not come with pre-conceived ideas or solutions, but seek first to understand the issues that are important to your business and family and then work with you and your other advisers to agree and then implement solutions. We recognise that some of those solutions might take many years to implement where others can be dealt with much more swiftly. We also understand that the support of non-family employees and management,
and of family members not actively involved in the business, is often critical and they may need to be part of the process.
Our Expertise
The solutions will often require real legal and commercial expertise and skills, which our dedicated team of specialists, drawn from across the firm, can provide.
Our Services
Whatever your legal needs, the team offers a supportive approach and a proactive service. Don’t wait until a problem arises – think ahead with the Families In Business team.
We can assist you with the following services:
• Reviewing the governance structure
• Preparing a family constitution
• Terms of employment for family members and others
• Strategic reviews, including passing the business down to the next generation or sale to third parties
• Advising on the impact on the business of divorce or separation
• Taxation advice
• Dealing with and resolving disputes
For initial advice, please contact:
- Richard Coombs at the Plymouth office on 01752 675022
- Simon Gregory at the Exeter office on 01392 685271
- Hilary Quantick at the Taunton office on 01823 625615
- Stephen Branfield at the Truro office on 01872 243357
