Company Law

Advising the Family Run Business

Edited by Nicholas Smith · John Tucker
LexisNexis U.K. December 2016

Specifications

ISBN-13
9781846615573
Publisher
LexisNexis U.K.
Publication
December 2016
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

Advising the Family Run Business offers practical advice to lawyers (usually solicitors in small and medium-sized practices) on dealing with family business clients. No business starts as a family business. It becomes one when changes need to be made to the structure or ownership of the business. Such businesses are the backbone of the British economy. Problems are often rooted in family issues rather than commercial issues and therefore advisors, be they legal financial or management need to be attuned to some of the complex family issues as well as the commercial issues.

The International Centre for Families in Business (ICFIB) which advises family businesses working alongside lawyers and accountants has seen a marked increase in interest from law firms in the family business sector. It is an area of business highlighted by the Coalition Government as a growth sector, and collaborative law is also on the government’s agenda.

The purpose of this book is to offer practical advice to lawyers (usually solicitors in small and medium-sized practices) on dealing with family business clients. It will also explain the dynamics of a family business and why they should be approached in a different way to other corporate entities. 

Table of Contents

  • Introduction
  • Business Issues
  • Family and Business Overlap
  • The family dimension – Just Family Business?
  • Family Ownership
  • Non Family Owners
  • Family Business Leadership
  • Employee Ownership
  • Family Business Practice

About the Author

Nicholas Smith Partner, Veale Wasbrough Vizards, Orchard Court

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