In conversation with Mairi Mickel
Family-owned businesses are prized by employees, customers and founding families alike. However, the interaction of family and business requires careful stewardship. In this video series, the Schroders Family Office Service team discuss some of the challenges with Mairi Mickel, family business adviser and fourth-generation shareholder of a family business.When should you bring children into the family business? And what will the October 2024 Budget mean for business-owning families?
These were just some of the topics that we explored in a series of video conversations with Mairi Mickel, an experienced adviser to enterprising families. We discussed the complex interplay between ownership, leadership, and family members, sharing insights on how to manage transitions, avoid conflict and ensure the long-term success of family-owned businesses.
To discuss any of the topics raised, please do get in touch at familyofficeuk@schroders.com.
Family dynamics: family and business
Clare Anderson, Global Head of Schroders Family Office Service, and James Gladstone, Head of Wealth Planning, discuss the complications that can arise for family-owned businesses and how we have seen families deal with them.
Business exit: what does it mean for the family?
Michael Magnay, Portfolio Director in the Business Owners Team, and James Gladstone, Head of Wealth Planning, discuss what might prompt a family to consider selling a business and how we can help them prepare.
Passing the baton: successful succession
Samuel Bosanquet, Director at Schroders Family Office Service, explores the subject of succession and involving the next generation of the family in a business.
How are family business owners adjusting to the evolving tax landscape?
James Gladstone, Head of Wealth Planning, discusses how business owning families are responding to the UK's October 2024 Budget.
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To discuss your family's requirements, please contact us.