Latest News

  • Published:
    08 May

What to do if your successor has a change of plan

Finding out their preferred choice of successor would prefer to step back from the family business when owners are planning for retirement is a tough decision to accept. It can cause a significant headache for succession planning for the next generation.

If they cannot be persuaded to change their mind, and no other family members are volunteering to step into their shoes, the business owner can feel trapped with no where to turn. However, they do have options.

Duncan James, Head of our Family Business team, outlines the challenges family business owners may face and the solutions available to them.

Click here to read the full article.

"They are very professional, respond promptly, always discuss the monthly bill and have, so far, provided us with excellent advice in connection with employment issues. I have been very satisfied."

Andrew Argyle LLB, Practice Director, Potter Clarkson LLP