It's often difficult for an entrepreneur to know the right time to hand over the reins of their company.

Every business is different and enjoys a distinct journey - past and future. Furthermore, each business owner or manager is different and will undertake a personal growth journey specific to them. Here are 8 lessons BGP delegates have learnt about themselves and about their business on the programme - in their own, unedited words...

The challenge of handing on the baton to the next generation has not become any easier.

With family businesses still accounting for 70-95% of the commercial enterprises in most countries, just 30% of EU-based family businesses survive to the next generation (according to trade association European Family Businesses). This is fairly consistent across the developed world, which means, statistically, just 1% will progress from the fourth to fifth generation.

Believe it or not, conflict in the workplace can be a good thing, it can also be a very bad thing. In simple terms, conflict is a form of interaction between parties who differ in interests, perceptions or preferences. It is an inevitable part of organisational life and can take many forms.

Pressure to meet performance targets, lack of resources, rapid organisational change and power differences may all give rise to conflict and as a result, effective conflict handling is a critical management...

Family businesses make numerous, critical contributions to the economy and to family wellbeing. This is both in terms of money / income and such intangibles as time, flexibility, control and personal expertise …

... that’s if they work. When they don’t, family businesses can be difficult to manage and painful experiences, at best.

We’ve worked with more than 700 senior managers in Small to Medium Sized businesses (SMEs) in the last few years, and found a number of issues common to all.  We would like to share our Top 10 with you.

The single, most important difference between successful businesses and also-rans is the quality of the senior team. The skills shelf-life of new and experienced managers is becoming shorter and shorter. If we don’t widen and deepen our management skills base our competitors will take our...

In the UK, two-thirds of all private sector firms are family businesses, contributing over half of GDP and around 40% of private sector employment.

Most family businesses will want to pass the business on to the next generation but relatively few actually do so – fewer than half of family businesses pass to the second generation, and only a fraction to the third.

Without formal succession planning, family-owned businesses run the risk of not being sustainable. Some owners regard succession...

Two companies founded by BGP alumni were winners at the 2015 National Business Awards.

GoApe, the outdoor adventure company set up by Tristram and Rebecca Mayhew, took home ‘The Customer Focus Award’, while youth marketing agency Livity and co-founders Sam Conniff and Michelle Morgan collected ‘The Social Enterprise of the Year Award’.

There’s no doubt that one of the main objectives of any entrepreneur is to have their enterprise grow profitably. To achieve this, it is very important to understand the factors that contribute to growth.