Family Businesses

There are many examples of successful family businesses in Ireland, the UK and further afield, and these families usually demonstrate a sense of unity, a set of values for themselves and their business beyond solely financial gain, a unified vision, and a succession plan that seeks to develop and prepare current and subsequent generations for leadership and ownership.

However, history shows that the vast majority of family businesses will fail before the third generation has been able to enjoy the success that has been achieved, purely because of internal conflicts rather than external events or pressures.

The issues that typically lead to such conflicts are many and varied and we can support you, your family and your business in addressing many of the pitfalls which are common to family businesses before they become a cause for concern or strife.

At Board Excellence with offices in Ireland and the UK, we’ll support you in compiling your family constitution, developing a coherent and robust succession plan for leadership of the business and the transfer of ownership, defining your organisation structure, roles and responsibilities, training and developing your future leaders in business fundamentals, and developing strategic, business and financial plans.

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