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Institute for family business

January 10, 2012

Maintaining an entrepreneurial approach, integrating non-family members and planning succession are the main challenges UK mid-sized family businesses face, but a new initiative promises to unlock growth at these firms and boost the country’s economic development. 

Maintaining an entrepreneurial approach, integrating non-family members and planning succession are the main challenges UK mid-sized family businesses face, but a new initiative promises to unlock growth at these firms and boost the country’s economic development.

That’s what lobby group the Institute for Family Business told CampdenFB.

December 14, 2011

The British government must get behind family firms and avoid policy changes that would have a “severely detrimental” impact on the family business sector.

The British government must get behind family firms and avoid policy changes that would have a “severely detrimental” impact on the family business sector.

That’s according to the lobby group Institute for Family Business, which recently contacted UK business minister Mark Prisk about its concerns.

November 14, 2011

Family businesses account for as much as two-thirds of firms in the UK private sector and employ 40% of private sector jobs, according to a report commissioned by the Institute for Family Business.

Family businesses account for as much as two-thirds of firms in the UK private sector and employ 40% of private sector jobs, according to a report commissioned by the Institute for Family Business.

The report found that family businesses in the UK are predominately made up of small and medium-sized enterprises, and employ 9.2 million jobs, or two in five private sector jobs. 

August 18, 2011

The ability to plan for long-term growth and an emphasis on stewardship is helping the UK’s biggest family businesses, such as Associated British Food, to achieve strong growth, despite the tough economic conditions, according to the Institute for Family Businesses. 

The ability to plan for long-term growth and an emphasis on stewardship is helping the UK’s biggest family businesses, such as Associated British Food, to achieve strong growth, despite the tough economic conditions, according to the Institute for Family Businesses.

New research released by the IFB, a lobby group promoting family businesses in the UK, shows that sales in the top 10 British family-run companies soared by 10.2% last year.

August 18, 2011

Family business owners looking to pass on the business to the next-generation are concerned about their ability to handle operations, according to research by Family Business Australia and KPMG.

Family business owners looking to pass on the business to the next-generation are concerned about their ability to handle operations, according to research by Family Business Australia and KPMG.

The report, which surveyed around 700 family businesses in Australia, found almost 60% willing to sell the company if approached by a genuine buyer due to concerns about their successor’s capabilities and qualities to take over the helm.

April 1, 2011

UK family businesses are likely to have more of a political voice with the setting up of the first All Party Parliamentary Group for Family Business.

UK family businesses are likely to have more of a political voice with the setting up of the first All Party Parliamentary Group for Family Business.

Launched on 28 March at the House of Commons, the group is sponsored by the UK-based Institute for Family Business. IFB said in a statement that the APPG will undertake activities like site visits and policy discussions to help MPs understand the operations and challenges of running a family business.
 

March 21, 2011

Family businesses in the UK have more women in senior positions than non-family businesses, according to a survey conducted for the Institute for Family Business.

Family businesses in the UK have more women in senior positions than non-family businesses, according to a survey conducted for the Institute for Family Business.

Forty four percent of directors in family businesses are women, while in non-family businesses women account for 32% of the top positions, said the survey, carried out by University of Leeds and University of Nottingham for the IFB.

February 3, 2011

The UK-based Institute for Family Business has recommended that the rules governing creation of a family business trust be simplified so that families can plan their succession successfully.

The UK-based Institute for Family Business has recommended that the rules governing creation of a family business trust be simplified so that families can plan their succession successfully.

According to IFB, family businesses use trusts to ensure stable management of the business, especially when handing over control to the next generation.

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