How to start a family constitution everyone accepts
A family constitution that works comes from everyone talking it through. These are the topics to agree on first.
Read moreA family holding company does not run a business itself. It holds the shares and key assets of the family business.
Signs it may be time
- The business has grown into several companies, branches or types of business
- Family members hold shares scattered across companies, making management awkward
- Questions arise about fairness in management power and returns
- You want to separate risk so one business cannot drag down another
When it is not needed yet
With a single company and few family members, such as one restaurant, a holding company may not be worth it yet.
Before you decide
Setting up a holding company involves law, tax and family structure, so plan it with both financial and legal advisors. See our family holding company service