Family SuccessionMaking the decision to run a business with your family can be received by some people with a shriek of joy or a shout of horror. Whatever your reaction, the bottom line is that starting or running a business with family members is never clear-cut.
Problems can occur if there are differing: motivations, personalities, business acumen, strengths, weakness and leadership style. This list is not exhaustive. Running a business with a loved one may bring out traits and behaviours you’ve never seen before and this is why it’s imperative that you bring on board the help of a trained mediator as soon as you see a problem arise. It’s important to plan for your immediate and long term goals and that’s where we can help your family business put in place succession planning that will meet the requirements of everyone involved. You’ve invested time and money into running this business so why wouldn’t you want to see it continue successfully and be passed on to the next generation? Mediation Services London is here to help family businesses that may be experiencing one or more of the following issues:
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