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Hidden growth within family businesses

Hidden growth within family businesses

While family businesses are focused on growth, many of them stay discreet about their success, rarely appear on front pages, and continue to be an enigma.

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The research, conducted by KPMG and European Family Businesses (EFB), is based on the reflections of prominent family business owners across European countries.

Family businesses are all around us – from small and mid-sized companies to renowned multinational corporates – and according to surveys 30% of all companies world wide with over 1 mia US Dollar in sales aree family controlled enterprices.

The latest report seeks to shed light on some frequently asked questions regarding family businesses, including:

  • What does success mean for them, and what is their ultimate strategy: stability; growth, or profitability?
  • What drives their success, and what are the inherent barriers to growth
  • When growth is at stake, how do owners choose the right strategy and align the interests and needs of both family and business?

We trust that our report will provide you with insightful, interesting answers, like "we have a 50 year strategy", "the desire of our company is to exist in 500 years time" and "the entrepreneurial family must remain as such at all costs and not view the company merely as a financial asset. If the company is viewed as an asset the family is an investment minded family, not an entrepreneurial family"

Please see the full report (PDF 1.4 MB) for further details.

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© 2020 KPMG P/S, a Danish limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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