More than three-quarters of our clients are family owned enterprises, the oldest dating back to 1898.
Such businesses are a unique blend of commerce and emotion and it is regrettable that in the UK less than 10% of family businesses make it beyond the third generation. Pitfalls and problems are many and varied but rarely unique, even though it may feel like that at the time. Our specialist family business advisers have considerable experience in providing support beyond the realms of pure accountancy and tax planning - for instance we assist in management development and succession planning.
Across the firm we place a great emphasis on understanding our clients' businesses and what it means to them so we are well placed to assist in commercial and strategic development. It is not unusual for change within the family enterprise to potentially cause conflict as families tend to be inward looking and can be threatened by that change. Our advisers understand these issues as they have also provided support through disputes and crisis, often using proven techniques like family charters to bring about an end to the emotional conflicts.
Whatever issues your family business is facing you can be assured of an understanding ear at Lovewell Blake. It’s what our business has been built on.
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