130 posts categorised "Private businesses"

12 April 2016

The next generation of family business leaders are ambitious to drive change but struggle with getting their voices heard

70% of next generation leaders have worked outside the family business to gain experience. Almost 70% would bring in experienced non-family managers to help modernise and professionalise the workplace. More than half worry they will need to spend time managing family politics. Only 41% believe their business has a strategy...

22 March 2016

Unwrapping the 2016 Budget – is it all about the packaging?

By William Dowsett, Partner, Private Clients The 2016 Budget will probably now be remembered as the Budget for which the main headlines were stolen by the resignation of Iain Duncan-Smith, and the subsequent debate as to whether it was the cuts to disability benefit or his stance on Europe which...

Is your FD a ‘bean counter’ or a key seat at the table?

By Neil Philpott, Assurance Director, Private Business I meet a lot of entrepreneurs, many of whom are able to tell a fantastic story of how next year they will be millionaires and their idea will be the next big thing. Many have learned a thing or two in PR from...

14 March 2016

Are you making the most of the Government’s innovation tax relief?

The Government invest approximately £1.75b annually on their research and development tax reliefs’ scheme to encourage UK businesses to innovate. Companies that are engaged in research and development (R&D) activities can claim tax reliefs on the cost of these activities and for many UK businesses that means they could receive...

UK Private Business Awards 2016 – be in it to win it

By Ruby Parmar, Senior Partner and leader of the Private Business practice in Milton Keynes The nominations window for this year’s UK Private Business Awards is open and based on the number of entries we’ve already received, it’s likely to be another record breaking year. We have been lead sponsors...

Private equity backed businesses are positive about growth prospects in the next 12 months

By Steve Kentish, partner and PE leader at PwC in the Midlands At a recent dinner for PE backed businesses in the Midlands, Paul Inglett, finance director at Center Parcs UK gave a fantastic insight into the company’s recent growth story and exit transaction from Blackstone Private Equity to Canadian...

12 February 2016

PwC Next Generation Survey 2016: Take part now

Our last family business survey in 2014 found that 40% of family businesses globally intend to pass on their businesses to the next generation in the next five years. Millennials are preparing to take over as the next generation of family business leaders, but our 2014 research shows that rapid...

18 January 2016

The best kept private business secret?

With a dedicated team focussed on private businesses, PwC’s Private Business (PB) practice in the Midlands has seen dramatic growth in its market share. Here are the ten best kept secrets about our PB practice and why more and more private business owners choose to trust us as their adviser...

Do you get maximum value from your management information?

By Ruth Chapman All businesses need management information (MI). As businesses grow the need for financial and other data, and its availability in a timely, useful and meaningful format, increases. The requirement to maintain meaningful MI will be an evolutionary process. Management needs will change, business direction may change and...

14 January 2016

De-mystifying alternative sources of finance

By Sajjad Hassam While established banks remain a key source of finance for private businesses, the emergence of alternative lenders and platforms for debt gives management teams a wider set of options to consider. The established banks are often the first port of call for finance directors and management teams...

13 January 2016

The satnav has been set for the Midlands Engine

By Chris Romans Within the wonderful setting of the new Bramall Music Building at The University of Birmingham, the Rt Hon Sajid Javid, Secretary of State for Business, Innovation and Skills, started up the Midlands Engine and set the satnav. Sajid made a passionate speech about how great the Midlands...

Can a successful entrepreneur afford not to have Non-Executive Directors?

By Neil Philpott Working with entrepreneurs, the mention of 'good corporate governance' can often be met with a glazing over of the eyes, a rapid change of conversation or just seen as an additional overhead. Whilst no-one in their right mind would suggest the corporate governance requirements of a FTSE...

The dust has settled on Autumn Statement announcements, so what does it all mean?

By William Dowsett What with Christmas, New Year and already dealing with your internal guilt of breaking your New Years' resolutions, the Autumn Statement probably feels like a long time ago. The Autumn Statement was combined with the Chancellor delivering the five year Comprehensive Spending Review (I'm pretty sure I...

29 December 2015

4-dimensional chess on a constantly moving board - welcome to tax planning for the family business

By Richard Farnsworth So you are a successful family business. Maybe first generation maybe many generations. Your core wealth is derived from the family company but over time you have diversified that wealth into other areas such as a nice family home, maybe some cars, investment property, holiday home abroad...

17 December 2015

Video: Chris Romans on the golden age of private business

Chris Romans, partner and head of private business at PwC in the Midlands discusses the challenges and opportunities for private businesses, and how they can achieve sustainable growth. Contact: Chris Romans Twitter: @chrisromans1

15 December 2015

Patent box – IP transfer deadline 31 December 2015

By Angela Browning Heading into the holiday season the last thing on your mind may be the patent box, but that definitely shouldn’t be the case. As discussed previously here and here we’re heading into a crucial time for patent box, and intellectual property as a whole. The patent box...

30 November 2015

PwC in the Midlands backs new industry cluster research at Silverstone Park

PwC has added its support to a new study into the concentration of high-performance technology and motorsport (HPT&M) businesses located around the world famous Silverstone motor racing circuit. The ‘Cluster Report’ is being led by MEPC, the asset manager and developer of Silverstone Park, which has over 70 current occupiers...

21 November 2015

A golden era for private business?

By Chris Romans, Midlands Private Business Leader I have had the pleasure of seeing private businesses grow in size, stature and confidence throughout my career. Many have come from humble beginnings and, with an awful lot of hard work, ambition and passion, have steadily grown to become iconic Midlands businesses....

17 November 2015

Will Dowsett on judging at the Family Business Awards 2015

By Will Dowsett What another great evening at the Midlands Family Business Awards, which we at PwC are so proud to sponsor. Where else do you get to discuss Speedos and sausages in the same conversation? Before you get carried away, I was sitting next to someone from Speedo and...

13 November 2015

Celebrating the successes of Midlands family business

By Chris Romans, Midlands Private Business Leader I was honoured when Charlotte Perkins and Annabel Prow from the Wilson Foundation asked me to join the judging team for the Family Business of the Year category in this year’s Midlands Family Business Awards. Our Midlands private business practice is proud to...