The Family Business Network has announced that it will be teaming up with Lancaster University Management School (LUMS) on new ideas to boost family-owned firms throughout the UK.

The network was set up six years ago, and has since built partnerships with a range of different organisations that are united on being focused on supporting the country’s family firms. During the last year, it has conducted several projects in collaboration with LUMS, such as the North West Family Business Awards in March and the Family Business Conference, which was held in 2019.

In confirming the latest plans between the two organisations, the Family Business Network co-director Sue Howorth told Cumbria Crack that the network had always looked to highlight useful schemes for family firms offered by LUMS, including its Family Business Excellence scheme, adding:

“Opening doors to further opportunities for family businesses is part of what we offer at the Network and likewise, Lancaster University have always supported our work and our insight events and conferences.”

The network’s other director, Dave Clarkson, said that the newest joint project between the two would be Evolve Digital, which is aimed at smaller family firms and is intended to encourage them to embrace the opportunities presented by technology. He concluded by saying that the network would also be launching the Global Family Business Learning Symposium on November 19th, with the backing of LUMS.

A family business accountant in Goole or any other part of the UK can also be a useful support to these firms.