Family Businesses

Family businesses are fundamental to the Scottish economy, accounting for well over half of all businesses in Scotland and spanning the full spectrum from sole traders to the largest companies in the country.

Whilst each family business is unique, the personal value held from being multi-generational is similar, no matter what sector the business operates in. That personal value, coupled with the unique complexities that come from operating a family business, means that professional advisors must truly understand the dynamics of the family, as well as the financial dynamics. They need to understand the decision making process, how the family works together and their ultimate goals to add value and ensure they succeed and prosper.

At AAB our very first client was a family business. For over 30 years we have worked with businesses across multiple sectors including fishing, oil & gas, agriculture, food & drink, hospitality, facilities management, construction & property, transport, media and hospitality. This experience is channelled through our dedicated Family Business Team, who work together to meet the complex needs of families, both business and personal.

We understand that family businesses require a considered business approach and a different way of thinking, to aid day-to-day operations in addition to potential future growth, which goes above and beyond core business compliance. Our team stays informed and keeps up-to-date on best practice for family businesses by engaging with industry forums, undertaking training and through our active membership with Family Business United.

Family Business United

Lyn Calder

Key Contact

Lyn Calder
Managing Partner - Edinburgh

lyn.calder@aab.uk 
+44 7973 125 228

The plus factor in action

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