Family businesses are the cornerstone of the British economy and each one is different, in fact 75% of all private sector companies are family owned, yet research suggests only 30% of these make the successful transition to 2nd generation.
A number of family businesses do not survive the transition to later generations which is why specialist advice and assistance can make such a big difference. Pierce’s specialists have a wealth of experience and knowledge in this area, in fact we have over 80 years experience of dealing with family businesses and understand the dynamics that can impact both the family and the business.
Our team works hard to understand the needs of your business and all of the members in it so that we can build a bespoke plan to suit you.
Our specialist areas of advice include;
- Strategic planning
- Corporate finance
- Auditing and accounting services
- Corporate and personal taxation
- Executive remuneration planning
- Succession planning
- Inheritance tax planning
- Business and company valuation