Family Business Planning

Those partners in Newport’s family business practice have experience to recognize issues associated with the family side of the business. For example: under what terms family members should come into the business; whether to bring in non-family professional management; how to make decisions about promoting family members; major transitions including between generations. Their objectivity and sensitivity enable them to grasp the dynamics of a business and family and win the trust of stakeholders. They are adept at helping family companies craft objective decision processes that can gain the commitment of all players.