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New Global Family Business Report 2025 Highlights Governance And Entrepreneurship Key To Sustaining Generational Growth.
(MENAFN- Mid-East Info) Key findings include:
Visit: thestepproject About the KPMG Private Enterprise Global Family Business Network: As with your family, your business doesn't stand still – it evolves. Family businesses are unique and KPMG Private Enterprise family business advisers understand the dynamics of a successful family business and work with you to provide tailored advice and experienced guidance to help you succeed. To support the unique needs of family businesses, KPMG Private Enterprise coordinates with KPMG firms from around the world that are dedicated to offering relevant information and advice to family-owned companies. KPMG Private Enterprise understands that the nature of a family business is inherently different from a nonfamily business and requires an approach that considers the family component.
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Successful family businesses are 10% more likely to have a formal board structure in place.
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Entrepreneurship and growth intrinsically linked with family businesses increasingly leveraging growth capital and engaging in mergers and acquisitions (M&A) to expand and innovate.
Private equity firms are becoming increasingly interested in supporting the growth of family businesses
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Enhance Governance: Establish formal board structures to improve decision-making and sustainability and think carefully about the composition of the Board
Create better lines of communication: Nearly 40% of family members questioned the quality of communication between family members and the family business
Foster Multi-Generational Engagement: Just 52% of next generation family members play a role in strategy development. Involve multiple generations in business operations to enhance sustainability and performance.
Prioritize Sustainability: Embed sustainability into business strategies to gain economic advantages and strengthen stakeholder relationships.
Leverage Growth Capital and M&A: Explore opportunities for growth capital and consider strategic M&A activities to drive expansion into new markets and innovation.
Consider Private Equity: Build ties with private equity firms and family offices to gain access to new funding, strategic insights, and expertise for successful transitions and long-term growth.
Examine what success means to the family business: With family businesses evolving along with changes to economic, environmental and social circumstances, what will future success look like for your family business – how will you measure success?
Visit: thestepproject About the KPMG Private Enterprise Global Family Business Network: As with your family, your business doesn't stand still – it evolves. Family businesses are unique and KPMG Private Enterprise family business advisers understand the dynamics of a successful family business and work with you to provide tailored advice and experienced guidance to help you succeed. To support the unique needs of family businesses, KPMG Private Enterprise coordinates with KPMG firms from around the world that are dedicated to offering relevant information and advice to family-owned companies. KPMG Private Enterprise understands that the nature of a family business is inherently different from a nonfamily business and requires an approach that considers the family component.

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