Nothing succeeds like a successful succession!
That's easy to say, but as anyone with experience of generational transitions family will tell you, it's not so easy to deliver - without help that is!
After many years of working with Family Businesses and their professional advisors, FBS has refined a hugely successful process that enables families to develop their own solutions to their own unique issues, thereby allowing them to manage the relationships between the family and the business in a way that minimises conflict and maximises the huge added value that only a family working together can deliver.
FBS Key Facts
George Stevenson, Liam Entwistle & Susan Hoyle
The members of the FBS team
- Are respected internationally as leaders in the field of family business consulting.
- Share a vast depth of knowledge and experience
- Are a truly multi-disciplinary group encompassing business and professional expertise , including management, governance, law, finance and tax, some or all of which will usually be needed to provide practical solutions for clients
- Understand intimately how family issues affect business performance as well as family relationships
- Can act independently to help the family find solutions that are a best fit for all interested parties
- Have been trusted to provided practical help to scores of family businesses both large and small since 1995 (read what our clients say about FBS).
Our Client Feedback
I have known FBS since their inception and have watched them develop and hone their expertise for over a decade. Aside from their outstanding consulting services, they have an amazing depth of knowledge and experience that they share generously with the family business world through training and publishing.Martin Stepek, Chief Executive, Scottish Family Business Association
FBS is a world-class resource.
Family Business Solutions was asked to advise on constituting the family interests in a much-loved landed business. The prospect of greater financial success, and the passing of interest through the generations, required a more formal structure. It was a long, detailed and sometimes tense process -but FBS guided us through it with great skill, patience and discretion. Without that guidance, it would not have happened. And now the family governance is on a completely different level.Artordinsh Estate company Ltd and Raven family
Our planning for the future had become stuck in lots of technical detail and it felt that we were not making enough progress. The way FBS went about their work guided the family firmly but sensitively through the process of making key decisions; the big picture ones that then make it easier to deal with the detail. Their process for doing this kind of work is markedly different from the way other advisers operate and we can vouch for the advantages of getting both generations involved in the process.Morris Hamburger Searchlight Electric Ltd
FBS worked with both generations of our family and the board of directors to help us develop a Family Constitution. This now helps guide us in many areas of importance to the family and the business. There’s a lot of work involved in creating a constitution and it was essential for us to have the right information and advice to ensure that ours would last for a long time.Jim Walker – Walkers Shortbread Ltd
The work FBS did with the next generation of our family was hugely helpful.
Family Businesses are complex and emotional organisations. It is amazing how many professional advisors try and separate the business from the family and fail to comprehend the many layers of power and control involved. It is refreshing and comforting to know that there is a truly world class expert available in the FBS team who can understand and deal with the complexities of family businesses and also calmly and logically work out solutions . Their knowledge of family business is outstanding and enlightening and their approach is very professional, amiable and ultimately achieves outcomes. They are able to keep the process on track and that is important. I have a great deal to thank the FBS team for and will be back to see them when it is time for the succession planning in the future.Jane Wylie-Roberts