Are Family Businesses Willing to Offer Equity to Investors?

If there was one assumption you could make about family businesses as a whole, you’d think it would be that all would guard equity closely. After all, the essence of how the business is run is dictated by the fact that it is owned by one family. Our 2014 Family Business Global Survey disproved this […]

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Exit Strategies for Family Business

Many family business owners look to reap the rewards of their efforts over the years. There are a myriad of exit strategies that need to be considered …

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UK Family Businesses Reluctant to Give Up Equity

The KPMG Family Business 2014 Global Survey found that only 33% of UK-based family businesses had previously accepted investment from High Net Worth Individuals (HNWIs) over loans from banks. The main cause of this was stated as the fear of losing control of the management of the business to the private investors, who would more […]

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Strategy and planning is critical for growth of family businesses

Such enterprises need to choose between chasing short-term opportunities and building their business in the long-term. The below article originally appeared in The Financial Express. Indian promoter-run and family-run businesses have significant growth opportunities in the coming decade. These shall not only help them grow their businesses manifold, but also help create and unlock significant […]

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Trusts as a way of protecting family assets

Many family businesses are built around the idea of preserving wealth for family members and their beneficiaries. One of the ways to create this assurance is through the use of family business trusts. Trusts are legal agreements useful for investment and assurance planning.

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KPMG addresses key challenges faced by family businesses in succession process

The below article originally appeared in Daily FT. Given the importance of raising awareness and ensuring the success of our local family businesses, the Family Business and Board Advisory Division of KPMG in Sri Lanka organised a round table discussion to discuss key challenges faced by family businesses in the succession process, and ways to […]

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Clear Minds make Clever Decisions

Something like meditation is not normally associated with business, but research is increasingly pointing towards the fact that it should. Not only does it allow executives to clear through the clutter before tackling that important decision, but puts them in a calm space from which they can approach a situation objectively – and not emotionally. […]

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Getting children into a Family Business

The below article originally appeared on The Economist (“Reluctant heirs”). FAMILY firms are fashionable. Management thinkers like them because they are reckoned to take a longer-term view than other firms. Politicians like them because they provide lots of relatively secure jobs. And the public like them because they think such firms are more in touch […]

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Keeping an Eye on Possible Conflicts of Interest

At times it can be difficult for a family business to notice crossing the line between favouring a relation or close friend because they are the best choice, and choosing to work with them out of personal ties instead. This on-going issue needs to be at the forefront for the company’s board, in order to […]

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Family companies drive economy in South Africa

“What we are seeing with our clients is that it is family businesses which are driving the South African economy,” KPMG Family Business South Africa head Alan Barr said…

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