In conversation with Mairi Mickel
Family-owned businesses can inspire huge loyalty from 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, founder of the consultancy Business Families and a fourth-generation shareholder of the construction business Mactaggart and Mickel.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.
Passing the baton: successful succession
Samuel Bosanquet, a director at Schroders Family Office Service, explores the subject of succession and involving the next generation of the family in a business.
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