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Professionalising Family Business

PROFESSIONALISING FAMILY BUSINESS   APPOINTING NON-FAMILY BOARD MEMBERS Sha is the third-generation director of a mid-sized and progressive medical company. His grandfather started the organisation on a very small scale in a small town in UP. The Board of the...

Family Business Succession in Austria

Love, Power & Wealth – Family Business Succession in Austria The importance of Family Businesses We all know the topic from numerous books, movies and TV series. Thomas Mann’s “Buddenbrooks”, HBO’s “Succession” or books about real business...

Succession Planning in the UAE for Family Businesses

Succession Planning in the UAE for Family Businesses Family Businesses (“FBS”) are significant contributors to United Arab Emirates’s Gross Domestic Product (GDP), wealth creation and economic stability. However, research demonstrates that the survival rate of FBS...

How is a family Charter drafted?

How is a Family Charter drafted? Drafting a Family Charter The drafting of a Family Charter is not a difficult task, as long as its author is fully aware of what to provide in it. The best Family Charters are those that the largest number possible of Family members...

High net worth family charters, protecting family and wealth

High Net Worth Family Charters. What for? And what are its contents? A Family Charter should not be looked at as a piece of literature to work on, perfect and store in a drawer. It has a specific use and it should address a minimum of critical and important matters of...

Multi-family office diversity

The constantly increasing number of wealthy families has, over the past years, had a strong effect on demand for wealth management services. Ever more wealthy business owners and families that have sold their businesses are considering a family office to support them...