In this episode we look at Corporate Governance and in particular the Wates Principles.
The Wates Principles are a set of Corporate Governance principles that some large businesses need to report against. In this episode I discuss these principles and how they can be adapted and adopted by your Family Business.
I also look at some of the legal structures that can be put in place to protect the shareholders in the business should disputes arise or deadlocks appear in your voting.
You can find the Wates Principles here:
As ever if you need any help with implementing these into your own business, I am here to help.
Email me Russ@thefbc.co.uk or find me on Linked In 'Russ Haworth ACFBA' or @RussHaworth on Twitter.