Family businesses

Continuing to succeed through the generations

Family businesses are the cornerstone of the British economy and each one is different. Since Albert Goodman was formed, over 140 years ago, we have been advising family businesses and understand the dynamics that can impact both the family and the business. In recent years we have worked closely with the International Centre for Families in Business, of which we are a Corporate Member.

In addition to our more traditional services to business we have developed services specific to family and owner managed businesses that focus on:

  • Personal Financial Planning – achieving your desired lifestyle for now, for your family, for your future and long-term financial independence.
  • Estate and Wealth Management – strategies to ensure your estate is transferred efficiently and wealth is maximised.
  • Business Financial Planning – processes to improve your business to achieve a good sale price or prepare the business to be passed on within the family.
  • Management Succession – developing a succession strategy that makes the owner dispensable while maintaining business profitability.
  • Owner and Exit Transition Strategies – helping to manage the handover of control of your business.
  • Tax minimisation – tax effective remuneration and minimisation of capital taxes.
  • Governance

Our sector specialisms include: