Family Business

Less than one third of family owned businesses survive into the second generation. Often this is because the owners & managers avoid making vital decisions about the company’s future.

The decision making, and the talking that goes with it is avoided because the topics are often tricky, painful and frequently uncomfortable! The people you are talking to in the boardroom are the same people you share the dinner table with, family celebrations with or even your bed with! Inevitably, this can be complicated. Lakeland People Development Ltd (a family owned business itself) has had ten years of experience in this field. We pride ourselves for offering practical advice and support on the challenging emotional issues involved when running a family business, and handling succession.

We work with the family, the other business advisers (lawyers, accountants, bankers etc) facilitating open, frank and positive dialogue within the family on the issues which need to be tackled in order to achieve robust planning and outcomes.

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