The corporate and commercial team at Hillyer McKeown has found a common golden thread when it comes to family businesses: good planning means fewer arguments. Here’s guidance based on frequently asked questions from clients ? such as ownership and how to protect your assets.
Companies embarking on joint ventures (JVs) have high hopes and expectations, focusing on the anticipated benefits such as access to new markets and distribution networks, increased capacity and ultimately growth. But some JVs learn the hard way that whilst risks and costs are often shared, potential failure should not be played down – Sainsbury’s is a recent example.
Despite internal audits being vital for all businesses, a quarter of firms are failing to conform with international risk assessment standards.
Huntswood is the Reading-based resource and consultancy firm out to deliver clients support around issues such as regulations, development and recruitment.