Despite the seeming constant challenge to put the family firm under the spotlight for the right reasons, there is often criticism pointed int heir direction.

However, family firms are household names, global players, significant employers and major contributors to the global economy.

This piece identifies some of the things others can learn from them, not least their stewardship for future generations and long term view, their cautious approach to debt and borrowing and their adept skill at capitalising on their culture.

At FBU, we champion the sector and celebrate all that is great about the family business sector and recognise the important role these firms have to play, on a local, regional and global scale.