KPMG have launched their Global Financing Family Business growth through individual investors survey. This piece explores the need family businesses have to evolve to accommodate changing dynamics, examines sources of funding for family businesses, and takes a deep dive into the synergies between HNWIs and family businesses. The Global Practice leads research initiatives, and FBA’s CEO is on the international reference panel for this research.
Key findings from the survey reveal:
- Retaining majority ownership is important for family businesses; 76% of those surveyed say that family members retain a majority share of the business
- 58% of those surveyed are currently seeking external financing to find their business development plans and expansion is a priority in both the short and long term
- HNWIs generally self-manage as large portion of their investments
- The majority of HNWIs are looking for investments with reasonable risks and returns
Read the full report here.