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Planning for the future is vital if family businesses are to create a lasting legacy

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There are many successful family businesses in the Merseyside region that have adapted to an ever changing world and continue to thrive under family ownership.

But are family businesses in danger of dying out?  Previously, being born into a family business meant some or all of the children would become involved so that when older generations retired, there would be a ready-made team to take over the reins.

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Bermans one of first firms in the UK to be awarded FCA approval

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North West law firm Bermans has secured authorisation for its operations from the Financial Conduct Authority (FCA), one of the first law firms to do so in the UK.

Any business offering financial services or advice is regulated by the FCA, formerly the Financial Services Authority (FSA).

Partner and head of litigation Nick Harvey explains:

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