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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Family Owned Businesses

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ISBN13: 9780414012172
ISBN: 0414012178
Published: July 1998
Publisher: W. Green
Country of Publication: Scotland
Format: Paperback
Price: Out of print

Research shows that only a minority of Scottish family-owned businesses successfully negotiate the transition from generation to generation. This practical guide book contains vital advice, information and guidance for planning the successful transition of the family-owned business and pays close attention to those problems peculiar to the family-owned business. Written in a clear and accessible style, this book is aimed at all those individuals involved in the management and advising of the family business.

Family Businesses: Planning the Handover examines the main issues which have to be considered when making key business decisions within the family-owned organisation. Included within the text is a case study which follows the progress of a family-owned business over four generation providing a very graphic illustration of what can go wrong if the handover is not carefully planned.

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Scots Law
An examination of what differentiates family businesses from other businesses - The parties involved, including the incumbent, the prospective successor, the outsider and the family - Business management - Tax treatment and avoidance - Family constitution - Employment issues - Banking.