Family Business UK
SummaryIn this episode, Fiona Graham discusses the rebranding of Family Business UK and their focus on advocacy and policy. She highlights the key areas in their 2024 manifesto and the importance of long-term planning for family businesses. Fiona also shares insights from Family Business Week and previews the upcoming annual conference, which will focus on people and the challenges faced by family businesses. In this conversation, Russ and Fiona discuss the importance of family businesses and the challenges they face. They delve into topics such as succession planning, governance, communication, and collaboration. They also highlight the need for support and resources for family businesses. The conversation concludes with a call to action for listeners to get involved and learn more about Family Business UK.TakeawaysFamily Business UK has rebranded to become a movement for family businesses, focusing on advocacy and policy.Their 2024 manifesto highlights key areas such as people, growth, and ownership, with a focus on long-term planning and support for family businesses.Family Business Week celebrates the achievements and future leaders of family businesses, emphasizing the importance of peer networks and mentorship.The upcoming annual conference will explore the challenges faced by family businesses, including people issues, skill development, and non-family involvement. Family businesses play a vital role in the economy and society.Succession planning and governance are crucial for the long-term success of family businesses.Effective communication and collaboration within the family and the business are essential.Family businesses need support and resources to overcome challenges and thrive.Chapters00:00 Introduction and Rebranding03:03 Focusing on Advocacy and Policy08:26 The 2024 Manifesto10:17 Key Areas in the Manifesto19:10 Budget and Election Year28:49 Highlights of Family Business Week34:19 Upcoming Annual Conference02:00 The Importance of Family Businesses10:00 Challenges Faced by Family Businesses20:00 Succession Planning and Governance30:00 The Role of Communication and Collaboration40:00 Supporting Family Businesses47:00 Conclusion and Call to ActionSupport the ShowThe podcast is entirely self-funded by me. I am not looking for sympathy as it is something that I love to do and I have a passion for providing great content for family businesses across the world. Some listeners have asked for ways in which they can support the show, be that through reviews, sharing with friends or a donation. As such I have set up a page that outlines all the ways that you can support what I am doing. www.fambizpodcast.com/support Work With Russ If what I have spoken about in the show resonates and you want to discuss how I can help you and your family business drop me an email: [email protected] or head over to www.familybusinesspartnership.com Sign up to the Newsletter You can get podcasts, videos and blogs delivered directly to your inbox by signing up to the newsletter. Head over to www.fambizpodcast.com and sign up now