Successful Family Businesses – generation after generation

A joint study with the Singapore Chinese Chambers of Commerce & Industry entails responses and business insights from speaking with close to 120 family businesses. Our findings reveal the key issues family businesses in Singapore faced are unique and two-fold:

  • Recent round of economic restructuring and manpower tightening measures started in 2010
  • Family businesses that started in the 1960s and 1970s are undergoing a transition from one generation to the next
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