New research from accountancy and advisory firm BDO has shown that more than eight in ten UK business owners are mindful of ‘intergenerational fairness’, and in favour of helping the next generation financially.
However, respondents were divided in their views on how best to assist. Almost half of business owners surveyed were planning to provide assistance in the form of a loan or gift to help their children start a business or enable a career change.
Meanwhile, 37 percent re...