Family businesses are the backbone of the UK economy, but when it comes to transferring ownership, many face unique and complex challenges. From succession planning and preparing the next generation to addressing financial concerns and managing family dynamics, ensuring a smooth transition requires careful preparation.
Our report shares insights from our latest survey of over 500 UK family business owners, highlighting the key challenges they face. The findings reveal both the obstacles and opportunities in ownership transfers, along with practical strategies to help family business owners safeguard their legacies and navigate succession with confidence.
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