Share your thoughts...

As champions of the family business sector we are keen to hear your thoughts on matters affecting family businesses across the UK today.  We are fully aware of the issues surrounding the current pandemic but have designed the survey to help with longer term challenges in order to help us develop the resources to support the family business community going forward.

Your thoughts will add to the overall voice and help us to create and share resources for the broader family business community.   All responses are confidential.  Our 2020 family business survey is being sponsored by Mazars.

We really do appreciate the time taken to complete the questionnaire and the final report will be available in the Autumn.  Thank you for taking the time to complete the questionnaire and support our family business endeavours.

Paul Andrews - Founder & Managing Director, Family Business United
www.familybusinessunited.com

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* 1. Let's start with the Family Business Agenda.  Given the changing political, economic and business landscape over the past 12 months, globally and in the UK, how do you feel about your business prospects?

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* 2. FOCUS NOW - What do you see as the biggest challenges to doing business at present?   (Select all that apply)

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* 3. FOCUS ON THE FUTURE - Family firms are known for taking the long term view but the pandemic has changed things and planning for the future is more immediate than maybe ever before.  We are interested in identifying what you see as the biggest challenges in the next 2-3 years compared to now?   (Select all that apply)

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* 4. The next section of the survey looks at values in the family business. 
Do you have a defined and documented set of values for your family business?

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* 5. Do you think values...

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Play an important role in defining your family business strategy?
Help to reduce the potential for conflicts to occur?
Help to increase revenue, profitability and overall growth?
Help in the day-to-day running of the business?
Help the family business to stand the test of time and successfully pass on through generations?
Are best represented when there is a family business member as the leader/CEO?

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* 6. Which of the following values do you think most reflect the core values of your family business (Select all that apply)

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* 7. Is social responsibility and being ethical a key focus of your business strategy?

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* 8. Are you aware of the recent changes introduced with regards the corporate governance code and the potential impact on your family business?

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* 9. The next section looks at future leadership and the skills they will need.
Do you think the next generation will take over your family business?

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* 10. Do you think the future family business CEO will need different skills to those of the current CEO?

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* 11. Which of the following skills do you think will be CRITICAL for future family business leaders to have? (Select all that apply)

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* 12. Do you think you currently have an effective leadership team to represent the needs of both the family and the business?

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* 13. What, if any, do you think are the skill gaps within your leadership team?  (Select all that apply)

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* 14. Which of the following would you be most likely to use as sounding boards/sources of information for strategic business decisions? (Select all that apply)

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* 15. We are now going to look at growth and sustainability.
What is your target for annual revenue growth over the next three years?

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* 16. Do you sell or export your products/services or source raw materials/labour from outside of the UK?

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* 17. Which do you see as the biggest challenges to doing international business?  (Select all that apply)

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* 18. Which of the following do you think are the major risks for the long term sustainability of the family business?  (Tick all that apply)

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* 19. Working from home has become an integral part of many businesses during the pandemic.  Do you see working from home being part of your staffing model for the foreseeable future?

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* 20. The last section looks at technology and cyber security.  Do you...

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Have someone appointed to manage the risks associated with cyber threats?
Regularly look at technology and innovation to improve the efficiencies of your business?

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* 21. Do you use any of the following technologies to improve efficiencies or reshape your business?  (Tick all that apply)

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* 22. Which of the following cyber threats are you aware of?  (Tick all that apply)

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* 23. Has your family business ever been the victim of a cyber attack?

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* 24. And now some information about you to help us compare the overall results.  In which region is your head office?

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* 25. In which sector is your core business mostly involved?

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* 26. What is the size of your business?

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* 27. How many employees do you have?

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* 28. What is the oldest generation of family involved in the business?

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* 29. Please complete the following if you would like to request a copy of the survey in due course:

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* 30. Are you happy for FBU to contact you with details of relevant family business events, insights and publications?

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* 31. Are you happy for Mazars who are sponsors of this survey to contact you with details of relevant family business events, insights and publications?

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