Cardiff-based fourth-generation family business, TB Davies, will be celebrating 75 years of trading next week.
The industrial ladder firm is another example of how, as recent studies have shown, how family businesses dominate most economies globally.
According to the Family Entrepreneurship Report from the Global Entrepreneurship Monitor – which interviewed 150,000 adults across 48 economies – over three quarters of entrepreneurs co-own or co-manage their businesses with family members.
Follow this link for the full article: https://www.business-live.co.uk/opinion-analysis/vital-role-family-owned-firms-19192977?utm_source=tbdavies.co.uk&utm_medium=social&utm_campaign=news
