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Overview

Owner managed businesses

Owner managed businesses are a key part of the UK economy and a highly valued component of our own client base.

We are an OMB ourselves and appreciate the issues.  We recognise the particular needs of the Owner Managed Business sector for pragmatic advice that respects the separate but often linked needs of individual business owners and those of their businesses.

Our OMB clients range from tech start ups to high growth entrepreneur driven businesses and mature family owned companies that have been through generational ownership change.

All clients – and not just Owner Managed Business clients – deserve a service that whilst be technically excellent, in addition is one that is also commercial, pragmatic and delivered in jargon free style. 

Our commercial and private client lawyers work as one team to provide a service that brings our specialisms together to offer advice and solutions that fully address your concerns.  We do not see things narrowly through the prism of any one legal specialism, but offer solutions that deal with issues when seen from all angles.

We advise OMB clients and those funders and professionals that support them on:

  • Start ups (funding, shareholders agreements, service agreement, mentoring owners)
  • Attracting and retaining staff (HR advice, share schemes and bonus arrangements)
  • Managing  supply chains (conditions of sale, long term supply contacts, procurement advice, agency and distribution arrangements, joint ventures and  export sales)
  • Equity investments and funding (from venture capital houses, banks, grant agencies) and getting a business ready for investment
  • Regulatory compliance (heath and safety, environmental, data protection etc.)
  • Tax efficient group structures and personal ownership models
  • Wealth management and will and estate planning
  • Business and share purchases
  • Succession planning
    • Sales to co owners and advice regarding cross option life insurance arrangements.
    • In single family companies, will the family be willing and able to take the business on? 
    • Drafting Family Charters and creating Family Investment Company structures. 
    • Management buy outs where family succession is not an option
    • Trade sale and exits to VCs

Whilst we are a national firm, we have strong commercial and private client teams in all our locations able to bring their local knowledge and relationships to bear in support of your business needs and aspirations.

We support our OMB clients not just through the way in which we deliver our services but also:

  • By our commercially sensitive approach to pricing, particularly for start ups and early stage growth companies
  • In the packaging of fixed price services such as our HR Rely service and our debt recovery service
  • Through the management support we offer, such as personal  mentoring to individual owners and  collective boardroom training on core regulatory and risk and compliance  issues 
  • In the relationships we help to foster on behalf of our clients with potential customers, suppliers, advisors and funders.

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