We would echo the words of the CBI and the FSB who are hoping that the Chancellor will cut businesses some slack in the Budget.

Family firms, like their non-family owned counterparts are having to deal with a great deal of uncertainty in the current climate, not to mention the ongoing Brexit and Trump challenges, and are struggling with the burden associated with Auto Enrolment, increased Business Rates and the new Apprenticeship Levy.

Whilst some of the above may not have an impact on the smaller family firms, there is concern amongst many family business owners about the legislative and administrative burden that compliance puts on them and we would like to see changes to help the entrepreneurial and innovative nature of family firms be encouraged rather than stifled.

Let's hope for a reduced burden on family firms in the Budget.