Playing the generation game – and winning

Passing on the family business is complex when it comes to governance, tax implications and funding, among other issues, according to Niall Glynn, tax partner with Deloitte. In such cases, specialist advice can be a great asset

Niall Glynn, tax partner, Deloitte

Things are rarely black and white in business, there are countless shades of grey. And that’s particularly true in family-run entities which have been built up over time requiring hard work, determination, sacrifice and a need to succeed.

There’s a story behind their success and indeed, often, behind their struggles. And so, it’s inevitable that emotions become involved. But when it comes to making the right business decision at the right time, emotion ...