Latest News

'My father left the entire farm to my brother. What can I do?'

Tuesday, 09 January 2018

"Not being fully included in a will can be a matter of losing your life's Work"     Q. I am a farmer's son and am now in my fifties.

 

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Problem Solver: How do I get my father to let go after handing over reins?

Tuesday, 09 January 2018

Fergal Quinn gives his advice below to a successor on the common struggle of a famiy business Handover.     Q. I am 33 and have been

 

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7 Reasons for Enduring Power of Attorney

Tuesday, 09 January 2018

An Enduring Power of Attorney is a document in which you appoint who should look after your personal and your financial affairs in the event

 

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Article Index
Testimonials
Page 2
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Testimonials

 

 

o callaghan

 

 

"To be honest I don’t think you can express strongly enough in a short sentence the importance of understanding how the subtly of family dynamics can impact a business and the role people who understand same can play to loosening the constrictor that is the personal relationships holding a business back potentially."

 

 "Having the best financial and legal advice is essential in running a successful business. Having the best advice is equally important in managing family dynamics and expectations”.

“Family business Ireland understands how family owned businesses ‘run themselves’ and the subtlety and influences of how decisions are made or not made as the case may be…”.

 

Bryan O' Callaghan, Managing Director.

O' Callaghan Hotels,  Irish International Family Hotel Group

 


 

 MD 

25 employee company – offices in Belfast, Dublin and Cork

 

"We are a relatively large business with four of five siblings working in it for many years. The business was founded by our father and mother some fifty years ago. Like many family business whilst we operated very well as a unit many things were left unsaid and not discussed.

We found it difficult to deal with the ‘future’. Whilst we had good financial and legal advice on the management of the business we had little advice and insight into the issues of ownership, governance and future management. We found the Family Business support initiative to be of the greatest assistance. We were given the language and tools to understand our situation. We discovered the issues we faced were not unique. We were normal.

The removal of isolation and the sharing and learning with other family business owners assisted all of us greatly. We have just completed a fully agreed transference from the first generation to the next generation. It has taken five years!

The Family Business team of advisors and facilitators have brought us all the way. Without them I don’t honestly know what way we would have gone. They have infinite patience with a soft yet firm hand."

 

Managing Director
Happy to speak confidentially to any founders seeking to deal with the issue.