Your goals may be more personal these days. You’ve never let chance control your business – or your family. But do you have a plan for the future? Balancing business and family isn’t always easy. We can help you work out business and personal goals.
Contact a PwC professional in your area, and let’s talk about succession planning.
We can advise you on the effective transfer of business control and the issues involved in order to maximise value. We can develop exit strategies for you so that the tax consequences on transferring shares, assets and wealth are minimised.
Managing key players who have a share in your organisation. Protecting shareholders’ interest and creating strategies governing buyout mechanisms and assessing the tax consequences.
A family council is used to draft, agree and communicate guidelines for family and ownership issues. The rules, which family and owners create, is known as a family constitution. We can help facilitate or project manage these governance and conflict management provisions through a consultative approach that gives every family member a chance to contribute to the process. Through our independence and objectivity, the best options for the business, the owners and the family can be actively discussed and considered. This ultimately leads to an objective and effective structure being developed and implemented in the business.
Effective governance structures can help maintain a healthy family and business by promoting open communication and reducing conflict. We can help you evaluate the effectiveness of your governance structures, design new structures, create policies and articulate values, vision, mission and strategy.
Dealing with the day-to-day affairs of managing your family's wealth can be a daunting task - including coordinating the many advisors, monitoring investments, and conducting daily financial activities. Our facilitators can help you design and establish a personalised Family Office to help you and your family manage your wealth, maintain family continuity and preserve a legacy.