Building Britain for Generations: A Policy Agenda for Family Businesses
Targeted Mentoring FBUK welcomes the recent launch of the National Mentoring Business Council. Recent surveys show that eight in 10 SMEs believe mentoring services can lead to further business growth 11 The Council’s focus is aimed at supporting underserved communities and regions. However, it is important that family businesses, which have their own distinct cultures, values and relationship dynamics, are served through a national mentoring system. These firms are deep rooted in their communities and their unique family ties shape how they grow and make decisions. Expanding the family business specialist mentoring capacity will be critical to supporting multigenerational family firms. These mentors will be best placed to understand the differences of family business ownership rather than treat them as just another segment of the overall business landscape.
“It is important that family businesses, who have their own distinct cultures, values and relationship dynamics, are served through a national mentoring system”
Recommendation Expand mentoring capacity for
family‑owned firms by recruiting and training more mentors with direct family‑business experience into mentoring bodies such as MentorsMe.
11 New National Business Mentoring Council Launches to Support Growth Of UK Businesses | Talk Business
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