Family business owners – exit strategy, management succession and estate planning

Posted on 29 Nov 2012 by The Manufacturer
Big manufacturing firms have outperformed the FTSE 250 since 2009

How to avoid the pitfalls by Ian Riggs, Partner, Hill Dickinson

The manufacturing sector makes up approximately 5% of all family-owned businesses in the UK, making the issues of exit strategy, management succession, and estate planning crucial considerations for a large number of sector businesses.

Ian Riggs, Partner Hill Dickinson
Family business owners when considering their exit strategy have a number of different, potentially conflicting, factors to consider. What is the right thing to do for the business may not be seen as a right thing for their family or the next (successor) generation. At the…

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