Celebrating family businesses
We are celebrating the many successes achieved by family owned and run businesses who dominate the UK economy.
According to the Institute for Family Business State of the Nation report on the UK Family Business Sector 2019-20, family businesses here in the UK make up over 87% of the UK’s private sector firms and employ 14.2m people – half of all of the employees in the private sector.
The family business sector also earns over £1.9 trillion in annual revenue contributing £657 billion to UK GDP. Regionally and in many business sectors such as farming, hospitality and construction, the number of family businesses make up a considerable proportion of total private sector businesses.
We have spoken to some of Kent’s many successful family businesses to find out where they are on their business journey.