Family business sector

According to the CSO, family businesses account for more than 75% of all firms in Ireland, and contribute approximately 50% of Ireland’s GDP and employment. Irish family businesses face a particular set of challenges to their long-term sustainability, with just 14% of Irish family businesses having a fully documented succession plan, only 53% having a strategy fit for the digital age and 36% having family and business strategies that are not aligned. (Source: PwC Family Business Survey, 2017).

The management and operation of a family business raises unique legal and strategic challenges. We advise family business at every stage of business development from establishment through to fundraising, growth and expansion. We can address the specific needs of families and their businesses, from governance and funding, to succession planning and employment issues and beyond.

Our experienced team engages with clients in an approachable and commercial way to deliver first class pragmatic legal advices and solutions.

Family business group

Our team comprises experts from a number of the firm's practice areas including Corporate & commercial, Employment & benefits, Commercial property, Data protection & freedom of information,  Litigation & dispute resolution, Banking & finance. We have a deep understanding of the complexities and nuances of family businesses and provide our clients with a comprehensive service and clear advice customised to their individual circumstances or family business issues.

Beauchamps is a proud partner of DCU’s National Centre for Family Business (NCFB)

Established in 2013, the NCFB’s vision is to achieve national and international recognition as a centre of world-class expertise and advice for family businesses in Ireland and abroad. The NCFB, together with its partners Beauchamps, AIB and PwC, engages with international family business associations and projects, to support family businesses in Ireland with informed and innovative evidence based research

Their goal is to provide the family business community with practical business insights, informed by best practice in family business management. The NCFB produces and shares insights that support sustainable family business practices for the next generation. These insights and internationally peer-reviewed research findings, together with the Centre’s annual conferences, workshops and seminars, help to educate the current generation family members about the benefits and challenges of managing, leading and owning a family business.

For more information about the National Centre for Family Business and to access their resources free of charge, you can visit their website here: https://www.dcu.ie/national-centre-for-family-business/index.shtml or contact our head of Corporate and commercial, Shaun O'Sheas.oshea@beauchamps.ie 

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