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Succession planning family business
  • Published:
    08 January
  • Area of Law:
    Family Business

New Year, new leader? How to choose who takes on the family business

Many family businesses see January as the perfect time to get their business affairs in order, particularly if retirement is on the horizon.

Duncan James, Head of Family Business, explains why it is essential that the business needs are analysed before decisions are made regarding exit and succession planning.

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"This is exactly why we like to work with people who understand the industry and can identify potential issues and create solutions."

Jon Saltinstall, Senior HealthCare Banking Consultant, Lloyds Bank