Family businesses are the backbone of the global economy. They account for around 60% of all companies in Europe and the US, and about half of employment. They also represent a large cross-section of the economy, coming in many shapes and forms – from some of the biggest businesses in the world to smaller, locally based firms.
The purpose of this blog is to discuss ideas that are pertinent to family businesses around the globe. Senior EY professionals, family business leaders, leading academics and other experts will air their opinions and present their insight on a weekly basis. This community of bloggers represents the cumulative experience of many of the brightest thinkers and doers in the world of family business.
Blog entries will be sharp, crisp, often opinionated pieces. They are designed to engage family businesses and all who are active or related to this sphere in a lively and interactive format, and to encourage the reader to think about the big issues affecting the sector. We have identified various themes and issues of particular interest to family businesses. They include succession, growth, wealth management, governance, entrepreneurship and many more. Our bloggers will approach them from various angles – exploring themes such as reverse succession, financing and the importance of stakeholders. We hope that they will even challenge some conventional wisdom.
At EY, we are very excited about this Family Business blog. It mirrors our long-standing enthusiasm for, and commitment to, family-owned businesses and entrepreneurial families. We know you will find the insights useful and insightful – enough, we hope, for you to add to the discussion. We encourage users to comment on this blog, share knowledge and experiences, and suggest topics for discussion.
The EY Family Business blog is a unique forum for family businesses. We hope you enjoy it!
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