Entrepreneurial and Private Business

Family business succession consultants

Many of India’s largest and most celebrated companies today are nurtured by a group of promoters and family members who have drive, determination and a never-say-die entrepreneurial spirit backed by a sound culture and value system. Family businesses are recognised for their commitment, passion and dedication to the business. They are more likely to retain talent in tough economic times and take a long term perspective to the business. Stable leadership patterns and flexibility allows them to make faster decisions and also enables them to grow and reinvent from one generation to the next.

At PwC, we recognise the valuable contribution that family businesses have made, and will continue to make, towards the growth of the Indian economy, whether it is through increased employment, investment outlays, community initiatives or through contributions to the exchequer.

The significance of family-run businesses has grown and today, many family businesses have stepped outside their footprint to acquire companies in new industries and new geographies. As family businesses expand, they are faced with their unique set of challenges that revolve around succession planning, business continuity, conflict management and dealing with differing opinions across generations. The ability to attract and retain talent, who may perceive that career advancement, freedom and decision-making are the purview of family members, coupled with the need to professionalise informal management structures, pose significant challenges in the growth path of family businesses. It is imperative for family businesses to continuously upgrade skills, innovate and use digital and technology in their journey to grow, expand, and remain competitive. Read more about these in our Family Business Survey 2019 and PwC India Next Gen Study 2018.

How PwC is helping families and their businesses achieve their long term goals


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Our Entrepreneurial and Private Business practice

Our services

Our practice helps private business owners and individuals achieve their personal and business ambitions. We provide a series of tax and advisory services.

Our solutions

Our mission is to help your business and family wealth grow, by bringing our necessary talent and skills to you. We work on the owner’s agenda and provide all the practical and commercial assistance appropriate for the two aspects of a family business, ownership and growth. We have built our success on developing trusted advisor relationships and delivering solutions and ideas tailored to the needs of our clients.

How can PwC assist you?

Our independent voice helps guide family enterprises in making decisions which benefit the business and the family. We focus on the Owner's Agenda which is our integrated approach of working with family businesses.

Entrepreneurial and Private Business: Manage ownership and Manage growth

Point your mouse cursor over the graphic below to know how PwC can help your organisation manage ownership.

Point your mouse cursor over the graphic below to know how PwC can help your organisation manage growth.

The “Manage growth” wheel

The “Manage ownership” wheel

  • Strategy/business model
  • Feasibility studies
  • Going global
  • Distribution strategy/channels
  • Product/service innovation
  • Pricing strategies
  • Digitalisation
  • Talent and change management
  • Mergers, acquisitions and disposals
  • Due diligence
  • Valuation
  • Turnkey transaction assistance
  • Accounting and purchase price allocation
  • Post deal integration and delivering deal value
  • Exploring financing options
  • Financial restructuring
  • Debt advisory
  • Bank reporting
  • Treasury/liquidity planning/
    cash flow
  • Working capital management
  • Preparing for an IPO
  • Steer the business/KPIs
  • Leadership development
  • Cost accounting
  • Internal and external reporting
  • IT strategy
  • Business intelligence
  • Data analytics
  • Corporate structure simplification
  • Reduce cost
  • Remove complexity
  • Supply chain optimisation
  • Improve efficiency
  • Asset and business restructuring
  • Operational restructuring
  • Compliance
  • Control environment
  • Fraud risk
  • Insurance coverage
  • IT/cyber security
  • Regulations
  • Sustainability
  • Owner’s strategy
  • Next gen development
  • Family governance
  • Culture and values
  • Succession planning
  • Tax and legal advice
  • Exit strategy
  • CSR and philanthropy


Contact us

N V Sivakumar

Partner & Leader - Private & Entrepreneurial Business

Tel: +91 80 2558 5663

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