Family Business Survey 2014

UK family businesses self-fund growth, research reveals

December 11, 2014

Family businesses looking to raise capital for growth are increasingly turning to self-funded expansion in order to avoid traditional banking services in the UK, new research has revealed.

Family businesses looking to raise capital for growth are increasingly turning to self-funded expansion in order to avoid traditional banking services in the UK, new research has revealed.

Family Business Survey 2014, produced by Charles Russell Speechlys and Family Business Place, found the preference for self-financed growth stemmed from real and perceived difficulties in borrowing from banks, and a general reluctance to take on debt.

Family businesses reluctant to lay off staff, says new US research

September 16, 2014

Family businesses are less likely to lay off staff than publicly-listed companies even during times of recession, according to a new study out of Michigan.

Family businesses are less likely to lay off staff than publicly-listed companies even during times of recession, according to a new study out of Michigan.

Family Business Survey 2014, a joint venture from Grand Valley State University and Western Michigan University, found that 86% of family businesses in would prefer to reduce distributions to owners than to lay off staff.

The study, which had a sample based out of West Michigan, also found that 56% of owners would prefer to take a pay cut than lay off staff.