Helen Froggett: How to avoid the pain and increase the pleasures of working with your family

Helen Froggett from The Accountancy Practice shares some of the strategies they have employed to hand the business over to the next generation. The Accountancy Practice gained a coveted place in the finals for the prestigious Hertfordshire Business Awards in 2019, for Best Family Business. Family relationships are a minefield for many, littered with loyalties and expectations, betrayal and disappointment. Now compound the challenges by imagining working with your parents, children or your spouse and you have a recipe for some interesting life experiences. How can you turn this potential for pitfalls into something akin to pride and joy? As someone who has worked with my parents, my children and my husband, (not all at the same time!) and who has a keen ear for the experiences of others who run family businesses, here’s part one of a two part feature, sharing some insights which I hope will be helpful. … Continue reading Helen Froggett: How to avoid the pain and increase the pleasures of working with your family