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By Louis Thomas, Tax Partner - Family Business Leader, KPMG
The Family Business Barometer seeks to show which trends are seen and foreseen within European family businesses. This year’s edition turns up a number of interesting insights, such as the war for talent currently being waged, and innovation being the top strategy for developing sustainable growth. Another prevailing theme is planning for the future, with many respondents talking about formalising governance structures and passing management on to the next generation.
The survey also takes the industry’s temperature on its confidence level, and the results are positive: 83% of the respondents expect growth in the coming year, with 54% having increased turnover in the previous year. This is...
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