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 |
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