News

Is your family business working for you?

Focus on direction & management and bottom-line performance In the pursuit of prosperity, and for some, survival, the impact of strong direction and management on bottom line performance is evident. With commercial dem....

Avoiding Conflict Within a Family Business

Mark Bradford one of our Specialist Family Business Advisors gives some thoughts around conflict. ....

Susan Hoyle Features in Business Scotland Magazine

Family Business Solutions Susan Hoyle features in the most recent edition of Business Scotland magazine, talking about why family businesses dominate the food and drink sector in Scotland and the recipe for a successful family business. ....

SUCCESSION IN A FAMILY BUSINESS IS THE NEXT GENERATION READY FOR THE JOB OR RIGHT FOR THE JOB?

Succession is a difficult issue for any business to address, and too often the apparent simplicity of passing the baton to the next generation in a family business can mean that the po....

Direction and Management and Bottom-Line Performance

In the pursuit of prosperity, and for some, survival, it is hard to exaggerate the impact of Direction and Management on bottom line performance. With commercial demands increasing at staggering pace, and the economy and the market often getting ....

The Succession Conspiracy

Susan Hoyle considers why some family business owners are so reluctant to plan for succession, and what to do when they have been brought around. The grit and determination that is so often characteristic of family business founders can bring gr....

FBS Ezine 8th Edition

Our theme this month is nepotism and we explore the perception and reality of this often controversial issue. We hope you find this compelling reading. View the Ezine here....

FBS Ezine 7th Edition

Our theme this month is "letting go" and our lead article outlines the five essential steps required to make the transition from one generation to the next. We are also excited to include Martin Stepek's "Reflections on my Father's Life and Bus....

FBS Ezine 6th Edition

Our feature article this month surrounds love and its complexities, by examining the recent case of Shield v Shield [2014], a family business thrown into conflict by the end of a marriage. We've also featured our latest infographic, offering you so....

FBS Ezine 5th Edition

Welcome to the fifth e-zine. In this edition, we look at defining employee ownership and explore the topic through our feature articles. We also look back over the Family Enterprise Lecture Series that have been running over the past four months, sum....

FBS Press Coverage - Today\'s FT Wealth Magazine

http://www.ft.com/cms/s/0/22e0d3f8-57b7-11e3-b615-00144feabdc0.html?siteedition=intl#axzz2mgS9khwH....

FBS Ezine 4th Edition

This month, we discuss the topic of limiting ownership in family businesses and ask whether or not spouses should be welcomed into the equation. We also explore the implications of divorce upon family businesses, with emphasis on safeguarding the bu....

FBS E-zine 1st Edition

We are delighted to welcome you to the first ezine from FBS. This month, we investigate why family businesses need help, present an in-depth case study and present an article on the key issues that arise in relation to ownership of a family business.....

FBS E-zine 2nd Edition

We are delighted to welcome you to the second ezine from FBS. This month, we investigate how to choose the right advisor, present an in-depth case study which illustrates the type of emotionally charged discussions that often arise in family business....

FBS E-zine 3rd Edition

We hope you enjoy the third ezine from FBS. In this edition, we explain the importance of policies and succession in family businesses and give you an update on what the FBS team have been up to over the past month. ....

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Our Client Feedback

  • I have known FBS since their inception and have watched them develop and hone their expertise for over a decade. Aside from their outstanding consulting services, they have an amazing depth of knowledge and experience that they share generously with the family business world through training and publishing.

    FBS is a world-class resource.

    Martin Stepek, Chief Executive, Scottish Family Business Association
  • I would like to offer my appreciation for the work you have undertaken with Aspire Scotland Ltd. It is my belief that alongside yourself our organisation has grown in its understanding and appreciation of what makes a family business tick. We (the family) found the report that you presented to us enormously helpful in continuing our in-house dialogue about how the future of the organisation might be framed and responsibilities across family members revisited.


     I trust likewise you now have a firmer grasp of our industry and are in a position to continue this work across important milestones, such as new markets, succession planning and salary review etc to name but a few.


    As you are well aware we strive to have a larger piece of the market next year and our flexibility will play an enormous part in this. Having Family Business Solutions along with us on this next part of the journey we feel is crucial. Your candid, open and thorough approach to work has made for ease of engagement across family members and I sincerely hope we can continue our relationship moving forward.


     

    Eddie McCaffrey - Aspire Scotland Ltd
  • Family Business Solutions was asked to advise on constituting the family interests in a much-loved landed business. The prospect of greater financial success, and the passing of interest through the generations, required a more formal structure. It was a long, detailed and sometimes tense process -but FBS guided us through it with great skill, patience and discretion. Without that guidance, it would not have happened. And now the family governance is on a completely different level.

    Artordinsh Estate company Ltd and Raven family
  • Family Businesses are complex and emotional organisations. It is amazing how many professional advisors try and separate the business from the family and fail to comprehend the many layers of power and control involved. It is refreshing and comforting to know that there is a truly world class expert available in the FBS team who can understand and deal with the complexities of family businesses and also calmly and logically work out solutions . Their knowledge of family business is outstanding and enlightening and their approach is very professional, amiable and ultimately achieves outcomes. They are able to keep the process on track and that is important. I have a great deal to thank the FBS team for and will be back to see them when it is time for the succession planning in the future.

    Jane Wylie-Roberts
  • I finally realised that unless we could first address family issues we would never solve our business problems. Through contacting the Scottish Family Business Association, I was put in touch with Family Business Solutions. I cant speak highly enough about the contribution from FBS.


    Over the last 3 years, they have clarified our shared purpose as a family and a business. Profitability has increased substantially. Thanks to FBS we have in place Governance and Management structures that are fit for purpose and a next generation that are better informed, understand the vision and shared purpose for Hendersons and are clear about what part they will play as future owners of the business.

    Oliver Henderson
  • FBS worked with both generations of our family and the board of directors to help us develop a Family Constitution. This now helps guide us in many areas of importance to the family and the business. Theres a lot of work involved in creating a constitution and it was essential for us to have the right information and advice to ensure that ours would last for a long time.

    The work FBS did with the next generation of our family was hugely helpful.

    Jim Walker Walkers Shortbread Ltd
  • Our planning for the future had become stuck in lots of technical detail and it felt that we were not making enough progress. The way FBS went about their work guided the family firmly but sensitively through the process of making key decisions; the big picture ones that then make it easier to deal with the detail. Their process for doing this kind of work is markedly different from the way other advisers operate and we can vouch for the advantages of getting both generations involved in the process.

    Morris Hamburger Searchlight Electric Ltd
  • I want to thank George Stevenson of Family Business Solutions for his help on all fronts. He made a complex family issue very straightforward, providing solutions to our problems, bringing them to a very acceptable outcome whilst taking account of the emotions at play and the interests of everyone involved. I know that in the weeks and months ahead that all parties will be secure in the knowledge that there will be fair treatment and the company will never be under threat. Thank you once again for bringing that to this company and our family.

    Chris Stockwell, Director, Stockwell Ltd
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