The Exchange by EW&L Private Wealth Susanne Bransgrove (Founder Liquid Gold Consultants) - Family Business Succession, The Discussion You NEED To Have Now
In today’s episode Managing partner Tim Whybourne caught up with the founder of Liquid Gold consultants, Susanne Bransgrove who specialises in assisting family enterprises in tackling the difficult issues of succession, next-generation education and integration, governance, and communication. Liquid Gold Consultants create unique solutions, using customised strategies and suitable structures to create better family cohesion, communication, governance, and focus.
Susanne is best known for providing strategic guidance to family businesses in the areas of ownership/family alignment, business governance improvements and smoother communication flow across organisations. Growing up in Germany as part of a third-generation family business has provided her with a sound foundation for understanding the range of issues that arise when needing to balance the performance of the family business with the differing needs of multiple generations.
In the episode, they cover how they deal with introducing children to wealth without removing their ambition, how to successfully transition a family business leadership from one generation to the next and how families can deal with intergenerational wealth transfer in a considered manner and the discussions we should be having now with our families not waiting for them to hear it for the first time in a will.
Disclaimer:
The information in this podcast series is for general financial educational purposes only, should not be considered financial advice and is only intended for wholesale clients. That means the information does not consider your objectives, financial situation or needs. You should consider if the information is appropriate for you and your needs. You should always consult your trusted licensed professional adviser before making any investment decision.