Over the past year, KPMG in Singapore and CPA Australia conducted research on the successes and challenges of local family-run businesses. We drew on our decades of experience in serving Singapore’s enterprises. We also conducted detailed interviews with 20 local business leaders, both founders and successors, on issues that matter most to them.
The aim was to examine perspectives from both generations of family-owned businesses when presenting the findings of our year-long endeavor. This was complemented by the participation of 100 successful Singaporean family businesses, in a survey conducted by KPMG.