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Verena Bahlsen, next generation entrepreneur and co-founder of food innovation incubator HERMANN’S, is looking to drive her family’s business into the future.

Verena Bahlsen, next generation entrepreneur and co-founder of food innovation incubator HERMANN’S, is looking to drive her family’s business into the future. She spoke to Susan Lingeswaran about history, being disruptive, and preserving legacy.


Barclay brothers put Telegraph newspaper up for sale, Sino Biopharmaceutical founder transfers wealth to 24-year-old son and Galeries Lafayette to open 10 new stores in China by 2025

Barclay brothers put Telegraph newspaper up for sale, Sino Biopharmaceutical founder transfers wealth to 24-year-old son and Galeries Lafayette to open 10 new stores in China by 2025.

Families looking to invest in impact vehicles should ensure the impact element of the fund is genuine and it has the right tools to measure impact, says Max Gottschalk, the founder and chief executive of multifamily investment office Vedra Partners.

Families looking to invest in impact vehicles should ensure the impact element of the fund is genuine and it has the right tools to measure impact, says Max Gottschalk, the founder and chief executive of multifamily investment office Vedra Partners.


One of the first features I wrote was on how easy it can be to drift into the family business.

Many younger generation members find themselves in the position of a predestined future in the family business. This personal experience argues that work experience outside the family business is good preparation

Successful business families can provide their children a sense of well-being and privilege, but in doing so are they sheltering them from adversity, or denying the next generation a golden opportunity to be challenged?

By using the ‘four phases of succession’ a family business owner can pinpoint precisely where the business is and then smoothen the transition to the next generation. But the key is to take painstaking care during the early phases

IFB

Opening their doors to a group of young UK, Dutch and Swedish family business members in November Bettys & Taylors of Harrogate shared their formula for success. During the one-day visit, moderated by Professor Randel Carlock (INSEAD), they revealed how the owners had made some radical changes in order to ensure long-term success and sustainability for the family and their enterprise.

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