How Common are Family Businesses in the UK?

This report shares some of the results relating to family-owned SMEs from the latest UK Longitudinal Small Business Survey. It draws on survey results released by the Department for Business and Trade (DBT) for SME employers during the period 2019 to 2023 to examine rates of family-business ownership among SMEs over this period.

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Adoption of the Wates Principles among UK Family Businesses