Family businesses have personality.

It's not all about profit; often just as important are self-identity, lifestyle, independence and personal satisfaction. They contribute to a business personality that reflects the founder. Often the business structure is also precisely matched to the strengths and weaknesses of the founder.

No wonder the transition to the next generation is typically so intense!

Taking in more family members and progressively giving them a say in running the business involves as much family dynamic as it does business adjustment.

Often the business itself has to go through a transition as its structures and roles become more formalised and defined. Inevitably this highlights weaknesses that have to be addressed.

Lines of authority and delegation have to be clear; sharing between family members must be both fair and transparent; there will be money issues over equity and remuneration; the family has to function effectively and so does the business; often there is an "extended family" of long-term employees who also deserve consideration.

And all this internal analysis and re-organisation has to take place within a competitive marketplace; it has to satisfy market pressures as well as family needs.

Well, Glide has the skills, qualifications and hands-on experience to guide your family business through this. Ask us for references from our other families.