Moore Thompson Family Business Survey 2017

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Thank you for taking part in the Moore Thompson Family Business Survey, we hope the evidence gathered from this questionnaire will help us and other practices deliver high quality services to family run firms.

Please answer all of the questions below to the best of your ability:

How many people do you employ?

 0 – 10 10 – 50 50 – 100 100 – 250 250+


Using the ranges below what is your annual turnover?

 £ 0 – £250,000 £250,000 – £500,000 £500,000 – £1 million £1 million – £3 million £3 million – £10 million £10 million +


Does the business export overseas?

 Yes No


How many directors are in the business?

 1 2 3 4 5 5+


How many of these are related to the family behind the business?

 1 2 3 4 5 5+


How many family members does the business employ?

 1 2 3 4 5 5+


How long have you been a family business?

 1-5 years 10-20 years 20-30 years 30-50 years 50+ years


How many generations are involved in the business?

 1 2 3 4


Do you have a formal succession/exit strategy in place?

 Yes No


Would you sell your business if offered a fair price, rather than pass it on?

 Yes No


Over the following exit strategies which are you considering?

 I don’t want to pass the business on to anybody I wish to pass the business on to a non-family member/management buyout I intend to sell the business to a third party I intend to sell the business to a family member I will pass on the business to my children


How soon do you intend to pass on the business or sell it?

 Next year Within 2 years Within 3 – 5 years Within 10 years I don’t intend to sell or pass on in next 20+ years


What are you more concerned about ‘family’ or ‘business’ issues?

 Family Business


If you could pick ONE of the following as the family issues that causes most concern in your business, what would it be?

 Disagreements over money issues such as dividend policy, shares, etc Next generation family members not wanting or able to join the business Sibling rivalry Succession/inter-generation conflict Differing opinions on business direction Marital breakdown We don’t have any issues Not sure


Please say whether you feel the following statement is true or false, “Being in a family business makes us stronger than those not run by a family”?

 True False


Please say whether you feel the following statement is true or false, “Running a family business is more difficult than running a ‘normal business’”

 True False


Please say whether you feel the following statement is true or false, “Consumers, clients and suppliers value our business because it is family run.”

 True False


Full Name: *

Business Name:

Email Address: *

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