• Future of Family Business in NI

Future of Family Business NI

17 May 2017

BDO Northern Ireland would like to invite you to take part in the “Future of Family Business in Northern Ireland” survey.

Why a survey and why now?

Completing this survey will enable us to capture the experiences and concerns of family owned businesses in Northern Ireland and help give them a stronger voice on the issues important to them.

A family owned business is defined as one in which two or more family members are involved and the majority of ownership or control lies within the family.

Prior research showed that almost three-quarters of businesses in Northern Ireland are classed as ‘family owned’ and, over the next six weeks, (to June 30th 2017) this confidential survey aims to yield the most comprehensive overview of their opinions on succession planning, changing market conditions and other relevant issues, including those linked to Brexit.

Benefits of the study

All responses to the survey will be treated confidentially as they are compiled and analysed by the BDO Family Business Team. All participants will receive a report highlighting the main themes that emerge from the survey, and each organisation can also ask for direct feedback/benchmarking of their responses against the consensus of other family businesses in Northern Ireland (this will be confidential to each organisation that requests the feedback).

We at BDO would also hope to use the results of the survey to promote the provision of relevant tailored support for local family owned businesses going forward.

Completing the survey

The online survey shall take approximately 10 mintues to complete and can be accessed here

The survey comprises 4 sections:

A          Company Background;

B          Succession Planning;

C          Capability & Commitment; and

D          Closing.

Should you prefer to complete a paper version of the questionnaire, please let us know and we will arrange for a copy to be sent to you directly. 

Thank you for your participation.