Welcome to this short guide, designed to help you support your next generation as they find their way in your family business.
Being a next generation family member can be extremely challenging. They may be balancing conflicting emotions towards the business, struggling with family
expectations, or feel unsure what they want to do with their career.
And being part of the senior generation, trying to support them, can be just as challenging. But I hope you will feel reassured by knowing this is something others in your position are going through all the time. You are not alone.
In this guide, we have set out some of the ways you can try to foster an interest in the family business, and how you can support the next generation to become the responsible owners of the future.
You will also find advice on how to identify those who could lead your business in the future, and things to consider as you transition to that new leadership.
Alongside this we have also provided links to a series of articles to help guide you, and some practical advice on steps to take. We hope this guide helps you on the journey you have ahead.
We would like to thank family business experts, Juliette Johnson and Ken McCracken for their contributions.
Click here to review or download the guide.
We are grateful to our Corporate Partner NatWest for their support and the thought leadership contributions and case studies they have provided.
