The Future of Family-Owned Manufacturing: Growth, Tax and Succession

What will the next chapter of your business look like? With significant changes to inheritance tax and one in three family-owned manufacturers without a succession plan, there has never been a more important time to start thinking about the future.

With significant changes to inheritance tax announced in the Autumn Budget 2024, many business owners need to reassess their plans to minimise potential tax liabilities and ensure the long-term continuity of your business.

Join Make UK and Bishop Fleming as we explore the findings of our latest research and discuss the practical actions family-owned manufacturers can take to navigate the changing landscape.

Whether succession planning is already on your agenda or you've yet to begin the conversation, now is the time to understand your options and prepare for the future.

In this webinar, we'll cover:

• Key findings from the Make UK and Bishop Fleming research
• What the latest inheritance tax changes mean for manufacturing businesses
• Common succession planning challenges and opportunities
• Practical steps to start or strengthen your succession journey

Who should attend?

This session will be particularly relevant for family-owned manufacturing business owners, family shareholders, managing directors, finance leaders, board members and next-generation leaders who are considering how to safeguard the long-term future of their business through effective succession planning.

Speakers:

• Chair: Fhaheen Khan - Senior Economist - Make UK
• Iona Martin - Partner and Head of Personal Tax - Bishop Fleming
• Dan Phillips - Audit Director and Head of Manufacturing - Bishop Fleming
• Ian Howard - Chairman and Owner - Howardson Group