OUR EXPERTISE: Family Business Academy

At some stage of their journey, all family businesses face challenges and issues related to the passing of ownership and management to the next generation.

In recognition of these challenges, Progeny Corporate Law has created the Family Business Academy. It provides both generations of the family with a combination of advice, strategies and training to achieve success.

The programme runs for 12 months with bespoke, tailored advice split between the current Owner and identified Successor(s).

The Successor Programme

The Successor Programme contains four full day sessions over a 12-month period. The Successors, from non-competing businesses, gain the opportunity to share ideas and challenges as well as focussing on key areas of development as Directors.

The session topics are:

  • Leadership and the challenges of the family business
  • Strategic Planning
  • Recruitment and Employee engagement
  • Macroeconomics and your company

The Business Owner Programme

The Owner programme follows the same time-frame but with four half-day sessions held quarterly throughout the year. The topics are focussed around issues common to owners when dealing with future generations. Ideas are shared and common challenges discussed.

The session topics are:

  • Asset preservation and protection from IHT or divorce
  • Taxation efficiency for extraction of value and income
  • Leadership and delegation
  • Chairmanship

What is the cost?

The programme costs £4,999 plus VAT per company, including one owner and one successor. Additional delegates can be added, subject to further costs.

2 delegates – £4,999 plus VAT

3 delegates – £6,498 plus VAT

4 delegates – £7,997 plus VAT