This article series, authored by key partners at Mishcon de Reya, delves into the multifaceted world of family businesses. From the initial considerations of transitioning into a family-run enterprise to the complexities of succession planning, conflict management and the eventual sale of the business, this collection provides valuable guidance for families at every stage of their business journey. Each piece offers expert advice, addressing the unique challenges and opportunities that come with operating a family business, ensuring that both the family and the business thrive for generations to come. Early stage Becoming a family business Bringing the next generation into the business Succession Managing conflict Exit The business of the family Our series so far Loading News Families in Business: The business has been sold The sale of a family business is not the end. Whilst, as far as the family are involved, it may be the end of that businesses' lifecycle, it often signifies a new chapter for the family themselves. News Families in Business: Selling a family business Every business has a life cycle. This growth and development need a variety of ingredients – new investment, new ideas and new collaborations. If it is no longer possible or desirable for the family to continue to lead the business, then they are likely to consider a sale. News Families in Business: Managing conflict between family members In our role as advisors, we are often privileged enough to gain a unique insight into the underlying dynamics of some of the world's most prominent business families. Through the lens of the following practical example, we will showcase some of the common difficulties faced by many international business families and how we, as legal advisors, counsel such clients and help resolve these issues. News Families in Business: Taking over the family business The process of transitioning a family business from one generation to the next can present an opportunity for renewed growth as new ideas and enthusiasm are introduced to the business. News Families in Business: Next generation planning Planning can only be a good thing.  All businesses are dynamic and family businesses are no exception. In fact, dynamism to react to changing circumstances, whether internal or external, is vital to secure the survival of the business beyond the short-term. News Families in Business: Key points to consider when transitioning into a family business Once your business is established and whether you are already family members working together or a founder wishing to involve other family members, it may be time to formalise and adjust business arrangements. News Families in Business: When is the right time to transition to a family business? A business might be established as a family business at the outset, for example when funded with family money or where family members are setting out specifically with the intention of being a family business. View more Loading Related resources Your Assets and Wealth Our handbook makes your estate planning process simpler and easier to accomplish. Download Preparing for exit In this guide, we provide a series of checklists designed to help you prepare for exit. Download Family Businesses team Our deep experience of acting for families and their businesses enables us to bring, along with our application of the law and commercial approach, an assurance that, at all times, we will be working with you to ensure that the values of the family and the business are accurately reflected and aligned. Nick Davis Partner, Chair of Mishcon Private Laura Chandler Partner Subscribe to our mailings Keep up to date with news, publications and briefings Subscribe
News Families in Business: The business has been sold The sale of a family business is not the end. Whilst, as far as the family are involved, it may be the end of that businesses' lifecycle, it often signifies a new chapter for the family themselves.
News Families in Business: Selling a family business Every business has a life cycle. This growth and development need a variety of ingredients – new investment, new ideas and new collaborations. If it is no longer possible or desirable for the family to continue to lead the business, then they are likely to consider a sale.
News Families in Business: Managing conflict between family members In our role as advisors, we are often privileged enough to gain a unique insight into the underlying dynamics of some of the world's most prominent business families. Through the lens of the following practical example, we will showcase some of the common difficulties faced by many international business families and how we, as legal advisors, counsel such clients and help resolve these issues.
News Families in Business: Taking over the family business The process of transitioning a family business from one generation to the next can present an opportunity for renewed growth as new ideas and enthusiasm are introduced to the business.
News Families in Business: Next generation planning Planning can only be a good thing.  All businesses are dynamic and family businesses are no exception. In fact, dynamism to react to changing circumstances, whether internal or external, is vital to secure the survival of the business beyond the short-term.
News Families in Business: Key points to consider when transitioning into a family business Once your business is established and whether you are already family members working together or a founder wishing to involve other family members, it may be time to formalise and adjust business arrangements.
News Families in Business: When is the right time to transition to a family business? A business might be established as a family business at the outset, for example when funded with family money or where family members are setting out specifically with the intention of being a family business.