More than 30,000 family-owned businesses have been set up in the UK since 2010 (including ours), providing 9.4m jobs. The family-owned business sector accounts for almost one quarter of UK GDP.
In our experience, family-owned businesses are more fun. They aren’t bulbous, overly structured and stuffily corporate. And we like clients like that.
We like the nimbleness, quick decision-making, flexibility and a willingness to give an idea a go. After all, it’s all about long term sustainable growth – passing something better on to the next generation.
Source: Oxford Economics for IFB