Family Business Scale-ups: Breaking Barriers to Growth
Mid-market family businesses
Mid-tier family businesses employee size b reakdown
Turnover breakdown
Age of mid-market family businesses Compared with their peers in the mid-market bracket, family businesses tend to be significantly older: the majority are over 30 years old, compared with only 6% of family businesses overall. This reflects the greater maturity and development typically required to reach mid-market status and meet the associated employment and turnover thresholds. Micro mid-tier (0–9) 1.2% Small mid-tier (10–49) 10.6% Non disclosed / pre-revenue 41.1%
Large mid-tier (250+) 7.1%
<£10m 7.7%
Medium mid-tier (5... 81.1%
<£100m 1.7%
£10m– £99.9999m 49.5%
Figure 11: Age of mid-market family businesses
Scaling family businesses employee size breakdown Large scaling (500+) 5.2%
Age
Small scaling (<50 empl... 33.5%
40+ years 21.0%
3–10 years 20.0%
“Family businesses tend to be significantly older: the majority are over 30 years old”
Large scaling (250–499) 7.1%
30–40 years 11.0%
10–20 years 26.0%
Medium scaling (50–249) 54.1%
20–30 years 22.0%
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