Family Enterprise Succession Services

Family enterprises are unique, but all of them face the challenges of ownership transition. We can help you plan the future you want, making the conversations easier today, so that the difficult decisions are easier tomorrow.

From managing the business to the business of managing the family

While planning strategically in family business often comes naturally, for a family’s legacy to succeed over the longer term it is important to apply the same level of strategic focus and rigour to planning for the family and the family’s wealth.

Achieving this requires family members to have a shared sense of purpose and vision for the future. We encourage families to embark on the journey by communicating openly, building trust, balancing the needs of the business whilst satisfying family members’ expectations.

Start planning and preparation early

Family enterprise succession requires planning and preparation ahead of generational transition and challenges. Family enterprise succession is the process of transiting the management, ownership and governance of the business to the next generation. They might be separate, or overlap to some degree.

At first glance, business ownership transition is a simple choice between two options:

  • Passing on the family business to the next generation; or
  • Selling the business to a third party

Whatever your preference is, it requires preparation on both the business and personal levels. Our family governance and wealth planning teams have considerable experience working with multiple generations of families. We can assist you in planning, execution and subsequent management of your family enterprise transition or business sale.

Our approach

Every day we work with successful business owners and entrepreneurs from all over the globe. We understand what it feels like to be responsible for a business and a family, how the two are intertwined, and how you need to balance the needs of one with the other.

We recognise that the balance is in constant motion, as your business, your family and the world itself evolves. No matter how alarming change can be, we can help you manage and maintain continuity in times of change.

Passing on your Business to Future Generations

Enterprise and Wealth Transition

Succession planning isn’t an event.
It’s a process.

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Exiting your Business and Preserving your Family’s Wealth

Exiting the Family Business and Preserving the Family’s Wealth

Your business started with a plan.
Make sure you leave with one.

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Creating a Family Office to Sustain Family’s Legacy

Creating a Family Office to Protect your Family’s Prosperity

Long-term management made your business a success.
It could do the same for your family.

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Managing your Family’s Wealth

Managing your Family’s Wealth

A philosophy. Important for your life.
Just as important for your wealth.

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Read more about our Family Enterprise Succession Services

Download our Family Enterprise Succession Services brochure in PDF format (2.4MB)

Contact Us

Please contact us to learn more about the ways HSBC Private Banking can assist you.