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The Four Biggest Concerns At Middle-Market Family Businesses
“Based on a study of 336 middle-market family firms, four critical, often interrelated, concerns were identified. About three quarters of family member senior executive at their family businesses said that they were very or extremely concerned about growing profitably over the next few years,” explains Daniel Geltrude, managing partner of Geltrude & Company and Director of the firm’s Family Office Practice, “Most family firms are highly motivated and determined to build their companies. At the same time, being able to continue to grow the business and add to the bottom line can go a long way to alleviating any problems that might be affecting the family or the company.”
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