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Family Business

Family businesses form the backbone of the UK and global economies and at Boodle Hatfield we have been guiding the owners of many of these important businesses through the generations.
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Your experts

Richard Beavan +44 (0) 20 7079 8181 View profile
Hayden Bailey +44 (0) 20 7079 8235 View profile

For a business to span generational boundaries requires long term vision and a shared understanding of the family history, values and agreed objectives.

We understand businesses inside and out, and we know the nuances can create problems, challenges and opportunities. We also understand that changes in dynamics – relationships changing, divorce, and family disputes – can have an unwanted impact on your business if not managed carefully.

Running a business is as rewarding as it is challenging and balancing the day-to-day with thinking for the future is crucial. We will work with you to put in place the right structures and strategies, with innovative thinking and support.

How We Help

  • Safeguarding the business
  • Structuring the business
  • Resolving disputes
  • Establishing an appropriate forum for shareholder engagement
  • Family governance
  • Succession planning
  • Planning for a sale
  • Philanthropy & corporate social responsibility
  • Taxation & relevant tax reliefs, for the business & individual shareholders

 

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Recommended reading

3 min read 26 Mar 2021 Family Business: The third pillar of the UK economy

The Family Business report looks in greater depth at Britain’s Top 100 family businesses, looking at who they are, and how they are built. We reflect on how Britain can ensure these entities remain strong contributors to economic growth as we look ahead, following the effects of the Covid-19 pandemic.

 Read more 5 min read 22 Nov 2021 Divorce & the family business: The lessons that can be learnt from The Archers

As the divorce storyline in the country’s favourite radio soap opera, The Archers, unfolds Family Partner, Harriet Errington highlights that the best way to ensure that family business assets are protected in the event of a divorce is to enter into a pre-nuptial agreement, which ring-fences the shares and provides alternative ways of meeting the other party’s needs.

 Read more 6 min read 29 Nov 2021 Dynasties & Drama: Family Business In Focus

In WealthBriefing, Private Wealth Associate, James Woods-Davison outlines how family business feuds can be mitigated by having strong corporate and family governance structures which engender confidence in the way in which the business is run and promotes a healthy level of transparency.

 Read more 2 min read 15 May 2022 Fresh Perspectives Contentious Trusts Conference 2022

Partner and Head of Private Wealth, Andrea Zavos is co-hosting the fourth Fresh Perspectives Contentious Trusts Conference on May 15 – 16. Senior Associate, James Woods-Davison, will be joining Andrea in Barcelona for the conference.

 Read more