Reluctance to take calculated risk can inhibit growth of private businesses

“FAMILY-OWNED businesses are very different to other private businesses - decisions are not purely geared to profitability and there are issues around maintaining harmony within the family.”

So says Ian Beaumont, KPMG’s head of family business in the North. And he should know - he grew up with a father who led a family business.

“So I was raised in that environment and know the issues...Family business is very emotional, transcends a corporate entity’s goals of wealth and profit and is ne... You can carry on reading 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...