Family Business APPG Launches Inquiry into Exporting
14th August 2019
The All-Party Parliamentary Group for Family Business has launched a new inquiry into exporting.
In the UK 85% of businesses are family-owned, providing 13.4 million jobs and generating more than a quarter of UK GDP. They are the backbone of our economy.
However family-owned SMEs are less likely to export than their non-family counterparts. As the UK government looks to increase the overall number of businesses that export and do work internationally, it is important to understand the barriers facing family businesses.
The APPG for Family Business will hold a short inquiry on exporting and family business, to gather evidence to understand the barriers facing families looking to start, or increase, exporting. This will include assessing how current structures and facilities work for family firms, and what else could be done by Government or third party groups to support more family SMEs to achieve their export potential.
Launching the inquiry John Stevenson MP, Chair of the APPG for Family Business, said:
“Family businesses are found at the heart of communities all around the UK. Family firms have amazing products, and a real dedication to quality service.”
“Through this inquiry we will be looking to understand why family firms are less likely to export, and to understand how the barriers they are facing can be overcome. We are keen to hear from family businesses about their own experiences - the challenges they have faced, but also about the great support on offer. I’d encourage all family firms to get in touch and share their views.”
Fiona Graham, Director of External Affairs and Policy at the Institute for Family Business, said:
“We’re delighted to be supporting this important inquiry. Family businesses have a huge amount to offer, and their agility and innovative outlook are what makes them succeed over generations. As part of this inquiry we’re keen to find out what more can be done to make sure more family firms can reach their potential and take those first steps to export.”
The APPG is asking family businesses – and other experts – to submit evidence to help support the inquiry. They are keen to hear about issues including:
- The barriers family businesses face when trying to export
- Is there sufficient advice and support for family firms?
- Does the quality of support differ based on location, industry or size?
- Availability of finance for export
- Administrative/regulatory barriers and challenges
- And, lessons from other countries.
The APPG for Family Business was established in 2011 to promote and facilitate communication and understanding between the UK family business sector and member of both Houses. The Institute for Family Business sponsors and provides Secretariat support for the Group.
Contact email@example.com for more information on the meetings, or to submit evidence. The deadline for submissions is the 18th September.