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According to recent research, family firms have stronger 'people' values than non-family firms and are more likely to put customers and employees ahead of profits

According to recent research, family firms have stronger ‘people’ values than non-family firms and are more likely to put customers and employees ahead of profits.

Family firms represent around half the output of the UK’s privately-held economy. Even so, Grant Gordon believes there’s scope for improvement

Family businesses face continued uncertainty over their tax affairs

GOVERNANCE: long-term success

It takes a lot more than entrepreneurial spirit to sustain a family and its long-term business success – vision, values and planning also play a role. The key, as Amy Braden discovers, is integrating them

UPDATE AND IMPACT: research centre for entrepreneurship

Johan Lambrecht and Diane Arijs are respectively director and scientific researcher of the Research Centre for Entrepreneurship, EHSAL-KU Brussel in Brussels.

"Any fool can make a fortune. It takes a man of brains to hold on to it after it is made."

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