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January 22, 2013

European family businesses are a safe bet for investors even in times of economic crises, according to research by the Instituto de Empresa business school, but the problems associated with family ownership make potential investors wary.

European family businesses are a safe bet for investors even in times of economic crises, according to research by the Instituto de Empresa business school, but the problems associated with family ownership make potential investors wary.

January 18, 2013

Many business owners in the UK are driven by short-term priorities like selling the company to make money and do not pay enough attention to longer-term strategic objectives, according to a new report.

Many business owners in the UK are driven by short-term priorities like selling the company to make money and do not pay enough attention to longer-term strategic objectives, according to a new report.

Research carried out by the Economist Intelligence Unit for Ernst & Young found that as many as 85% of business owners in the UK plan to accelerate their divestment plan over the next two years. Of the total, 32% of UK corporations are in the process of, or are planning to divest in the next two years.

January 17, 2013

It has been a week of divestments and acquisitions for family businesses; Metro divested in China, News Corporation and Shaw Communications both bought cable channels and JCDecaux eyed up a competitor. 

It has been a week of divestments and acquisitions for family businesses; Metro divested in China, News Corporation and Shaw Communications both bought cable channels and JCDecaux eyed up a competitor.

Metro
Germany-based Metro Group, controlled by founder Otto Beisheim and the Haniel and Schmidt-Ruthenbeck families, has decided to scrap its consumer electronics operations in China.

January 10, 2013

Internal communication issues in family businesses could be a sign of an addiction problem at the management level, according to consultants Regeneration Partners.

Internal communication issues in family businesses could be a sign of an addiction problem at the management level, according to consultants Regeneration Partners. Its recent research has found high levels of addiction in US family firms.

January 9, 2013

US family businesses “have gone from warily eying their next big bet to actively seeking business growth opportunities”, according to PwC.

US family businesses “have gone from warily eying their next big bet to actively seeking business growth opportunities”, according to PwC.

The comments on 7 January came as the group released its US companion report to the PwC Global Family Business Survey. The report found that 93% of US-based respondents felt ready to capitalise on new opportunities in their immediate business environment, compared to 81% of respondents elsewhere in the world.

January 4, 2013

Crises has narrowly been averted in the US with the recent fiscal deal, but the current economic climate and political uncertainty is still one of the biggest concerns for family businesses, according to research.

Crises has narrowly been averted in the US with the recent fiscal deal, but the current economic climate and political uncertainty is still one of the biggest concerns for family businesses, according to research.

The 2013 Family Enterprise USA survey found that 91% of respondents considered economic uncertainty the greatest concern for their business, a 9% increase on last year’s survey. Non-profit advocacy group FEUSA surveyed 230 family firm executives for the research.

December 13, 2012

For some family businesses, navigating the financial crisis has been tough, but perhaps they should take a look at the business philosophy of the likes of the Whitechapel Bell Foundry, makers of Big Ben.

For some family businesses, navigating the financial crisis has been tough, but perhaps they should take a look at the business philosophy of the likes of the Whitechapel Bell Foundry, makers of Big Ben.



The company, which has seen the reign of 27 monarchs, is the oldest family business in Britain, according to a list released by Family Business United. It says Britain's 10 oldest family firms have been in business for a combined total of 4,027 years, averaging 400 years each. 



November 28, 2012

The richer you are the more likely you are to use the internet and mobile applications to create, manage and spend your money.

The richer you are the more likely you are to use the internet and mobile applications to create, manage and spend your money.

This is according to a study by wealth management firm SEI, Standard Chartered Private Bank and research company Scorpio Partnership, which surveyed more than 3,400 individuals with an average net worth of $1.9 million (€1.47 million).

November 13, 2012

The challenges being faced by family-owned companies in the UK may be plenty but non-family businesses are also facing similar problems in the wake of the economic turmoil.

The challenges being faced by family-owned companies in the UK may be plenty but non-family businesses are also facing similar problems in the wake of the economic turmoil.

That’s according to Tim Angel, chairman and the fifth-gen at London-based costumier Angels, who told CampdenFB: “[Family businesses] are no different to other UK businesses in terms of the problems faced and the challenges we have experienced, especially in the current economic climate that has undoubtedly affected companies across industries and sectors without exception.”

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