Governance, continuity through succession planning, and engaging the next generation of talent, are amongst the biggest challenges facing family, private and owner-managed businesses, believes Kim Klahn, head of law firm Lodders’ corporate and commercial practice in Stratford upon Avon.
Putting in place the right governance documents can aide relationships, particularly with investors.
Comprehensive governance and future planning documents will ensure all parties understand their roles and drive the business forward.
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