Passing on a business within a family can enhance an existing legacy (or create a new one). However, if managed incorrectly, it can undo a lifetime’s (or even generations of) achievement. In this fifth webinar of the Beyond Business Ownership series, our expert panel tackles this emotive subject. The breadth of topics covered include: how soon should you involve the next generation in your business? When is it appropriate to bring in external management? Have you considered the culture of the business and how it might change? What direction will the next generation seek to take the business? What steps should you consider for a smooth transition?
Hear what our panel of experts have to say. Andra Ilie, Senior Adviser on Family Governance and Family Offices and Philanthropy at HSBC Private Bank, is joined by Peter Golden, Partner at the law firm Fieldfisher and Nick Parkinson, Partner at Grant Thornton.