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Succession planning and business continuity - and AIMS exclusive webinar
Running a business is never easy, and when it’s a family business, there are additional complications. One of the biggest challenges to many businesses is when a director, major shareholder or Partner is unable to continue to undertake their role. Can the business continue to run without key individuals present? What happens to the shares in the business and what actions can businesses take to mitigate the impact?

With 56% of abattoirs having no succession plans, (National Craft Butchers survey July 2020), the sector faces a real challenge for its future.

Problems can arise when you least expect them and for reasons you never previously considered such as accidents, mental incapacity, or death. These events obviously have a devastating impact for families, but their business can be equally affected.

Join experts from Roythornes Private Client and Corporate teams as they discuss the issues many business owners face but don’t necessarily tackle or have plans in place for.

They will look at how good planning can ease transitions and keep businesses running when the worst happens, and how alternative business structures can cope with incidents in different ways.

They will also consider common sense succession planning on a personal level – something most of us know we should do, but sadly we’ve not often ‘had the conversation’ with those we should have done – whether family or work colleagues.

Attending this seminar will make you, your family and your business better prepared to cope with eventualities and better place to face the future.

With practical examples and plenty of time for questions it will be time well spent, and we look forward to seeing you there.

Jan 20, 2022 10:30 AM in London

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Speakers

Ben Taylor
Associate @Roythornes Solicitors
Ben's focus is primarily on the provision of lifetime estate and business succession planning advice, and tax. His work regularly involves the preparation of and advice concerning Wills and Lasting Powers of Attorney; partnership agreements and amendments; trust creation, alteration, and administration; and advising in respect of family investment companies (FICs). Ben is a member of Roythornes’ Real Estate Tax team and Private and Corporate Tax team. He frequently collaborates with other advisors at Roythornes, accountants and tax advisors to ensure the best result for our clients.
Lizzie Walters
Partner @Roythornes Solicitors
A Partner in the Corporate and Commercial team Lizzie specialises in corporate restructurings working closely with accountants and advising large farming and commercial clients. Lizzie has a reputation for her personable approach to complex matters and clients appreciate her “continued diligence, attention to detail and commitment to the cause”. Her recent work highlights include the incorporation of a family farming partnership with assets of £30million and advising in the demerger of multi-million pound businesses.