Family businesses are essential drivers of innovation, employment, and community stability in the modern market. Analysis done by McKinsey & Company, an international management consulting firm, found that family-owned businesses account for more than 70 percent of global GDP and about 60 percent of global employment. Unlike their publicly traded counterparts, which are often beholden […]

Have you thought of how family businesses in watches, finance and other sectors grow and sustain from generation to the next generation? The foundation of any enduring enterprise is built not just on products or profits, but on a bedrock of core values and great craftsmanship. In the modern commercial world, these principles act as […]

Family business or family-owned enterprises are more than just commercial entities. Family businesses are the bedrock of the global economy, representing a significant share of GDP and employment in their countries of origin and worldwide. By blending deeply rooted family values with entrepreneurial ambition, these businesses create a distinct model—one that prioritizes long-term resilience over […]

Bringing family business to the Mergers and Acquisitions (M&A) negotiation table is a high level of professionalism test and wisdom. Compared to other types of firms, family businesses exhibit diverse M&A activity, reflecting their unique blend of financial, strategic, and emotional considerations. However oftentimes the founder’s own ego is the biggest adversary in these trillion-dollar […]

Family business succession is not just about handing over the keys to the safe and the client list. The biggest challenge in family business is to pass on the wisdom in managing capital to the next generation of family business leaders and companies that continue to grow amid the challenges of cross-generational changes. Many family […]