Owner managed businesses

Owner Managed Businesses (OMBs) are the heartbeat of the economy, creating jobs and wealth across all sectors and regions. They’re vital because they account for almost half of private sector employment and generate over a quarter of UK GDP.

Business owners constantly face the difficult challenge of balancing the needs and aspirations of their business with personal and family goals. We understand that for business owners the two sides need to work together. So we work hard to understand your personal goals and aspirations, taking an holistic view and helping you focus on opportunities which will help integrate these with the needs and ambitions of the business.

The problems and challenges which exist in all corporate business environments are magnified in OMBs. Issues affecting you or your business are likely to also affect you and your family. From the other side, relationships, divorce and family disagreements could affect the business if they are not managed properly.

Working with you - how can we help?

Our team combines private wealth lawyers and business lawyers who work extensively with OMBs and have a track record of advising successful owner managed and family owned businesses across a wide range of sectors including food and agribusiness, manufacturing and engineering, technology, real estate and construction. We have the experience in the areas that help OMBs grow; acquisition and joint venture, funding options and alternative sources of finance, international expansion and exporting, navigating Brexit, managing your supply chain, R&D, skills shortages, regulatory, compliance and risk management.

Whether you are just at the start of your business’ life cycle, are looking to scale up through expansion, facing succession issues or thinking of selling or passing on the business to the next generation, our team can support you at every stage.

Legal resources you may find useful

  • Supporting the mid-market: Mid-market businesses have been a focus of Mills & Reeve for many years and we are keen to use our expertise to help you succeed. Click here to see how we support mid-market businesses.
  • Divorce and The Family Business: Our family lawyers authored a book on "Divorce and the Family Business" which you can order by downloading an order form here.