Anne and Andrew Nisbet write: "Family businesses have been called “natural” philanthropists by the Institute of Family Business. That’s because family owners often see themselves as ‘stewards’ of their companies, focused on building a legacy that goes beyond the necessity of short-term profits. In the same vein, family owners see philanthropy as a way to transfer positive, meaningful values between the generations."
...and Anne Nisbet. Andrew and Anne Nisbet write about the importance of family businesses and the importance they have on our communities. "As family business owners, we’re strong advocates of family-run enterprises. Family businesses think, invest and innovate for the long term and are not swayed by short-term profits but family businesses are incredibly valuable for another reason too: they stay close to their communities. When companies remain in private hands over the generations, the business, the family and the local community forge strong and lasting links with each other, even when the firm expands."
Andrew Nisbet, Founder of Nisbets, writes for Management Today on the importance of family-run enterprises and how "entrepreneurs they should consider building a business to last". " As entrepreneurs continue to develop an appetite for going public, I would encourage ambitious founders to seriously consider this alternative: keep your company within the family. Not only will you benefit, the country and our local communities will too."
Andrew Nisbet, Founder and Owner of the UK's largest catering equipment supplier, Nisbets, gave an insight into his thoughts of family-owned businesses and the contribution they make to the UK economy. Mr Nisbet says "As entrepreneurs continue to develop an appetite for going public, I would encourage ambitious founders to seriously consider this alternative: keep your company within the family. Not only will you benefit, the country and our local communities will too...”
The founder and owner of the UK’s largest catering equipment supplier, Nisbets, has hailed the positive contribution that family-owned businesses make to the UK economy and said he would love to see more entrepreneurs keep their companies in the family rather than seeking outside investment.