FG tasked on policies that support family business

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Stakeholders in business have called on the federal government, FG, to develop policies that will support family businesses to grow beyond the founders.

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.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين