Why every family business needs its very own constitution
Not having a clear plan for the future affects all areas of a business; one of the best ways to address this is to develop a family constitution.
David Harland is the managing director of FINH and works exclusively with multigenerational family businesses. He holds both national and international accreditation in the field of family advising and family wealth.
The skills needed to manage family wealth are very different from the entrepreneurial skills needed to generate wealth in the first place. A…