Great to see the inaugural piece of research undertaken by Family Business United in Scotland get great coverage in The Herald. This research helps to quantify the role and importance of the family business sector in Scotland and should help gain recognition and further support for this vital sector of the Scottish economy.
Find out more about the research here
THE huge contribution made by Scotland’s leading family-owned firms to the country’s economy and employment levels has been underlined by a major new report. The Scottish Family Business Top 100 report, published for the first time today, reveals that the country’s 100 most profitable family-owned companies generate a combined £1 billion of pre-tax profits, turning over a huge £16.6bn on a collective basis. Employing more than 100,000 staff, the enterprises were found to contribute 11 per cent to Scotland’s onshore gross domestic product (GDP).