Publication:

Do family businesses across the globe have difficulty planning long-term?

27 October 2015

Susan Rix AM , Partner, Business Services |

A new study has recently been released by the BDO Global Family Business group seeking to dispel or prove the myth that family businesses across the globe have difficulty planning long-term.

Using a confidential online survey to obtain views on best practices in the family, ownership and business, Phase 1 of this study provides important insights into issues for family businesses and those who advise them.

The issues covered include:

  • Do family businesses adequately plan for the future?
  • Are respondents family focused or business minded?
  • Does gender bias exist in family firms?
  • Are the ‘in-laws’ considered family?
  • Are current realities tomorrow’s myths?
  • Overcoming the myths of family business planning

Download the report

Infographic
Dowload the Infographic here
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Participation in the study provides family businesses with a greater understanding of best practices and identifies where they need to focus their attention as they plan for the future.

BDO is encouraging all family businesses to participate in Phase 2 of the study in order to gain further insight into how firms can best overcome the typical roadblocks to an intergenerational business transition and ensure alignment of key stakeholders.  To participate in the study, please contact any member of the BDO Global Family Business Group.