Tag: Alan Barr

Succession planning and integrating the next generation remain critical and challenging issues for many family businesses. Without a thoughtful and structured approach, business owners risk undermining their legacy. They also risk weakening the long-term sustainability of the enterprise. This happens when family, ownership, and business systems are not prepared for the transition.

Family businesses are economic entities ideally positioned to lead in the stewardship of ethical and sustainable practices. Legacy and wealth protection have long informed family business strategy and decisions, stemming from the unique blend of family and business - the relational approach.

It is widely known that business families are currently experiencing the largest wealth transfer in recent history, with over $84 trillion being transferred from...

Read our exclusive cover story titled Family Business - can you unlock the dynamics of tradition, innovation and legacy by Alan Barr, Partner and Creagh...