Family Owned Businesses

We understand the unique challenges faced by family businesses.

The GMS team of accountants can help your business to effect a smooth transition from one generation to the next, handling the succession process and helping to manage any disagreements that may arise.

We also understand the areas where family businesses typically need assistance, such as cash flow planning, efficient profit extraction and company secretarial duties.

GMS can help family businesses with:

  • Accounting, bookkeeping and annual returns
  • Company secretarial services
  • Gaining funding for expansion and investment
  • Managing cash flow and monitoring business performance
  • Tax planning and strategies
  • Advice on company cars and business motoring
  • Tax efficient profit extraction
  • Pension planning and retirement strategies
  • Succession planning, wills and minimising inheritance tax liability
  • Company valuations and exit strategies, including succession planning, MBOs and sale of the business

...and much more.

For the long-term, we work with the next generation, helping them to prepare for future responsibilities, so that your family business can continue successfully over the years.

Contact us to arrange a meeting.

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