Family Businesses: The backbone of the economy

FAMILY businesses employ more than 9 million people in the UK, account for a quarter of UK GDP and in this region include Warburtons, Timpsons, BetFred, and Liverpool retailer Home Bargains.

According to the Institute of Family Businesses they are "the backbone of the economy", and unlike many other enterprises have a long-term view, which helps many to be successful, stable and sustainable.

Mark Hastings, director general of IFB says: "It is built into their DNA to pass something better on to the next generat... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...