FAMILY BUSINESSES MORE RESILIENT THAN NON-FAMILY FIRMS

Family businesses in the United Kingdom are less likely to fail than their non-family counterparts, according to new research. Entitled UK family businesses: industrial and geographical context, governance and performance, the report found that family firms – be it small, medium or large – have lower rates of insolvency than non-family owned businesses. The survey, whichContinue reading “FAMILY BUSINESSES MORE RESILIENT THAN NON-FAMILY FIRMS”