Family Business Scale-Ups: Breaking Barriers to Growth

This first-of-its-kind analysis from Family Business UK and the ScaleUp Institute shines a light on the critical importance of Britain's fast-growing, mid-sized family firms. It identifies their economic value, regional dispersal, their experience in accessing talent and finance and the challenges they face in growing to becoming businesses of scale.


Foreword
4

Acknowledgements
6

Executive summary
7

Definitions and methods
12

Introduction
14

The UK family business landscape
16

Mid-market family businesses
22

Industries
24

Firm size
26

Age
27

Investment dynamics
28

Summary
30

Scaling family businesses
32

Industries
34

Firm size
35

Age
36

Investment dynamics
37

Summary
39

Challenges to growing and scaling family businesses
40

Access to markets
46

Access to talent
51

Access to finance
58

Tax
60

Access to innovation
61

Summary
63

Insight: family businesses at the heart of the UK economy
64

Policy implications
72

familybusinessuk.org

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