Running a family business is a marathon not a sprint. Your accountant will need to be as fit as you

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Family businesses are the cornerstone of the UK economy and of GSM.

For over 100 years we've recognised that each one is different. Yet we have built much of our firm on multiple generations of families in business, through a deep understanding of their dynamics and married that with our accounting expertise to ensure growth and a legacy are not mutually exclusive.

75% of all private sector companies are family-owned, yet only 30% of these businesses make it to the second generation. The statistics at GSM are somewhat higher with a number of our family business clients having progressed to their 3rd generation.

Success like that is hard not to acknowledge and our experience and expertise in supporting family businesses for the long term has just been recognised in the SME News Family Business Awards. GSM has been awarded 'Best Accounting and Auditing Business in London' as well as recipient of the 'Excellence Award for Year End Compliance Services' for 2022.

Yet as our clients will testify, it's not just at year-end that our services benefit our clients but throughout the year, across the necessary services which family businesses of all size will want and need to keep on top of. For example…

  • Personal financial planning
  • Estate and wealth management
  • Business financial planning
  • Management succession
  • Owner and exit transition strategies
  • Tax mitigation

If you would like your family business to stay the distance and ensure a stronger financial future, call GSM today on 020 7935 3793