The call was made in Lagos, at a one-day summit organized by an organisation, My Family, My Business in collaboration with Businessday newspaper stated that 70 percent of businesses in the developed clime are family-owned and they provide 60 percent of jobs for the people.
The Convener of the conference, Ogenevwoke Ighure, said: “Globally, 70 percent of the biggest companies in the world are actually family-owned businesses and they actually provide 60 percent of employment around the world. “We want the government to begin to look at coming up with policies that support family-owned businesses.”
Co-Chief Executive of the HyperCapital Group, a capital markets focused business, Mr. Anthony Shirey advised: “Founders of family businesses need to plan properly, get the right advice, and be flexible in their approach to creating and preserving their assets.