Family Business Scale-ups: Breaking Barriers to Growth
Scaling family businesses
Age of scaling family businesses
While mid-market family businesses were more evenly distributed by age, those that are scaling up are typically 10–20 years old, reflecting wider research on predictors of scaling up. 9 One-fifth, 20%, are over 30 years old.
This reflects the long-term nature of these family firms and why certain tax schemes need to remove age barriers that can present cliff edges for investment.
Figure #: Age of Scaling Family Businesses Age Figure 17: Age of scaling family businesses
40+ years 10.9%
3–10 years 17.8%
30–40 years 8.9%
20–30 years 22.8%
10–20 years 39.6%
9 See p. 32: https://www.scaleupinstitute.org.uk/wp-content/uploads/2023/01/ScaleUps-Debt-Finance-Journey.pdf
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