The Challenges Family Businesses Face
Running a family business brings unique rewards — but also unique challenges. Many of our clients come to us facing issues such as:
Uncertainty about how to pass the business to the next generation
Worries over Inheritance Tax and Business Property Relief
Balancing family harmony with business decisions
No clear succession or retirement plan
Over-reliance on one or two family members
Lack of systems to make handovers smooth
Why Choose RMC Accountants?
We understand the unique dynamics of family-run businesses.
We protect both business wealth and family harmony.
We provide clear, practical advice on succession planning, inheritance tax, and governance.
We implement efficient cloud accounting systems to make your finances future-ready.
We combine compliance with proactive business advisory support.
Our mission is simple: to help you build a business that thrives today and lasts for tomorrow.
Our Services
Succession & Continuity Planning
Financial Planning & Tax Strategy
Family Agreements & Communication Frameworks
Accounts, Tax & Compliance
Client Story: A Family Business in Transition
How We Helped a Family Business Plan for the Next Generation
An established family-owned design company wanted to bring the next generation into the business. They faced uncertainty over tax liabilities, ownership transfer, and family governance.
We helped them
Create a tax-efficient succession roadmap
Protect Business Property Relief for inheritance tax
Draft a family charter to align decision-making
Introduce cloud systems to streamline financial management
Outcome: Reduced potential IHT by £250,000 and created a smooth, conflict-free transition.
Free Resourses
Download Our Family Business Health Check
Planning & Growth
Governance & Structure
Succession & Retirement
Protection & Contingency
Communication & Family Dynamics
Business Growth & Continuity
Your Family Business. Your Legacy.
Don’t leave succession to chance. Protect your family’s wealth and future with a tailored plan.
