Family Business Scale-Ups: Breaking Barriers to Growth

Family Business Scale-ups: Breaking Barriers to Growth

Scaling family businesses

Scaling family businesses – Industries

Scaling family businesses are also operating in the wholesale and retail and construction/ property sectors. However, they are more likely than their peers across all family businesses and those in the mid-market to be within one of the industrial strategy sectors, with 51.2% serving one or more of these industries. As with the mid-market, advanced manufacturing (28.3%) and professional services (16.7%) are the top two IS-8 sectors.

Figure 14: Industries of scaling family businesses

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