India’s family businesses conservative in their use of HNWIs

India’s family businesses conservative in their use of HNWIs

While many banks around the world are retrenching, it would appear that in India, at least, family businesses still see them as their chief source of funding. Indeed, nine out of 10 Indian respondents in this year’s Global Family Business Survey were upbeat about bank financing.

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South Africa enjoys very strong HNWI – Family Business relationships

South Africa enjoys very strong HNWI – Family Business relationships

Relations between family businesses and HNWIs in South Africa are exceptionally strong, according to our 2014 Global Family Business Survey. In fact, four out of five family businesses canvassed reported having already obtained direct investment from HNWIs – and all of them were positive about the experience. “They were easily approachable and their guidance throughout the undertaking was outstanding,” said the CEO of a Stellenbosch-based investment company.

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Changing perceptions of HNWIs and Family Business owners on working together

Changing perceptions of HNWIs and Family Business owners on working together

Our Global Family Business Survey indicates that some of the main obstacles to investment partnerships between high net worth individuals (HNWIs) and family businesses are the perceptions on both sides concerning control of the business. Suggested solutions include education of family business owners on investment options, networking, and use of external advisers. As preceding articles have sought to show, we believe there is the potential for the two groups to work together successfully: both seek to achieve long-term goals, have a shared appetite for measured and managed risk, and value a personal touch.

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The European Family Business Barometer: A more confident outlook

The European Family Business Barometer: A more confident outlook

In this third bi-annual European Family Business Barometer, European Family Businesses (EFB) and KPMG once again seek to bring an insight into the confidence levels of family businesses, the challenges affecting their everyday operations and the solutions they seek to ensure their development and sustainable growth. This time the headline message is that while the outlook is positive the pressure on profitability and the war for talent are the key changes.

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Japanese family businesses live long and prosper

Japanese family businesses live long and prosper

Japan’s family businesses place high importance on the retention of family ownership and preservation of the business and its traditions for the next generation. Of the family firms surveyed as part of our KPMG Global Family Business Survey, 80% had a family member CEO, three out of five were 100% family-owned, and the remaining companies were more than 50% family owned. A unique element of Japanese family businesses is their longevity – with two of the companies surveyed being run by fourteenth and seventeenth generations.

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HNWIs usually invest in family businesses on a personal rather than formal basis

HNWIs usually invest in family businesses on a personal rather than formal basis

Great news for the family business sector is that high net-worth individuals (HNWIs) are generally very happy with their investments in family businesses, so the creation and renewal of such relationships moving into the future is looking bright. This is a key finding from our 2014 KPMG Global Family Business Survey.

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How do HNWIs view family business investment?

How do HNWIs view family business investment?

High net worth individuals (HNWIs) see family businesses as a good match for them according to the results from our recent KPMG Family Business Global Survey. Nearly half say that they have invested in at least one family business, often in a personal capacity. Encouragingly, the vast majority say their experience of doing so was positive.

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Passion for Family Business by Leonard Forestier

Passion for Family Business by Leonard Forestier [Video]

Leonard Forestier from Petit Forestier group talks about the passion for the business.

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Human connections in family business

Human connections key to contentment

There is no happiness in life without human connections. And that’s not just one person’s opinion speaking – that’s 75 years of research into adult development by the Harvard Grant Study speaking. One of the directors of the study, George Valiant, reports that the findings of the decades-long study is that warm and intimate relationships are the most prevalent indicator of contentment with life. Other factors such as work enjoyment, health and a good income are also strong indicators of happiness, but none are as significant as close human relationships.

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Over half of Australian family businesses work with HNWIs

Over half of Australian family businesses work with HNWIs

As much as 62% of family businesses in Australia are currently seeking external finance, according to respondents in this year’s KPMG Family Business Global Survey. This means opportunities are very much open for family business owners to connect with high net worth individuals (HNWIs). Just as importantly, more than half of those surveyed said they have already obtained direct financing from HNWIs, and some positive experiences of the same were reported.

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