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We’re thrilled to announce our sixth year of the Cotswold Life Business & Professional Family Business Awards.

Open to family-run firms of all sizes and across all sectors, we’re once again delighted to be championing the incredible contribution they make to the economy of the Cotswolds.

You can nominate your own family company via the link on this web page - or tell us about one you know that’s doing amazing things.

Our aim with these awards is to celebrate the very best family-run operations across Gloucestershire, Worcestershire, Warwickshire, Oxfordshire and Wiltshire.

According to the Institute for Family Business (IFB), family firms support one in four UK jobs.

They are the beating heart of the UK economy, it says, generating £418bn GVA per annum - a quarter of GDP - and paying more than £133 billion in tax each year. 

Employing around 12.2m people,mily businesses account for almost half of private sector employment.

And although family-owned giants like Dyson and JCB sit firmly in the top 10 for turnover in the latest Sunday Times HSBC Top Track 100, many businesses are much smaller operations, and their contribution is no less critical.

So why are they so important?

“Strong values run through family businesses,” the IFB says.

“Owners have the opportunity to teach and pass along their business and personal values to the next generation and they embody and embrace responsible capitalism.

“They avoid excessive debt, have lower staff turnover and take a long-term and sustainable approach to investment. When tough times arrive, family firms are less likely to go under and are better placed to lead the recovery.”

It’s this sense of loyalty, responsibility and community that we want to celebrate in the 2018 Cotswold Life Business & Professional Family Business Awards.

So please take a moment to click on the link and nominate the family-owned companies you know are the very best in the business.


Categories & Criteria:

Best Start-up Family Business
We’re always on the look out for exciting new businesses. Many start-ups are family-owned, even if they go on to be the next Superdry, Renishaw or Oxford Instruments. We want to hear from you if you’ve started small – but are thinking big.

Family Business Apprentice
With the new Apprentice Levy coming into play, it’s a great time to celebrate apprentices and the role they play in business success. Have you got a great young apprentice - family member or not - who are slowly but surely working their way up through ranks. It’s time to shout about them.

Employee of the Year
Who has gone the extra mile for you this year? Who has driven the business forward? Created great initiatives that have inspired the rest of the staff? Organised a big charity drive? Recognise your Employee of the Year by nominating them - and they don’t even have to be a family member, just someone who works for you and stands out from the crowd.

Food & Farming Excellence
Food and farming is a mainstay of the Cotswold economy and our rare breed meats, artisan cheeses and exceptional produce are recognised the world over. This award recognises excellence in this sector.

Retail Excellence Award
Thousands of retail businesses across the region give the Cotswolds its place in the hearts of  locals and tourists alike. From corner shops to chi-chi boutiques, who’s top of the shops? We’d love to hear from you.

Next Generation Family Achiever
Every year, more than 100,000 family businesses transfer ownership between generations. Who’s the next generation mover and shaker in your business? Who’s taking it to the next level? This category is for them.

Fastest Growing Family Business
Is the latest generation driving your business forward? Or has your business found a family member who is propelling the business into the fast lane. If your turnover is soaring or your workforce has grown exponentially, this is for you.

Family Business Exporter of the Year
Is your business making waves overseas? Are you forging into exciting new markets? We celebrate family businesses successfully doing big business abroad.

Outstanding Contribution to the Local or National economy
This award celebrates the family business which has made its mark locally or nationally through the delivery exceptional products or services. Or simply by dedicated company resources to great projects in the Cotswolds - or further afield.

Family Business of the Year
The cream of the crop, we’ll be celebrating the family business that continues to shine, reinventing itself to stay at the forefront of the market and driving itself to even greater heights.

 

Click here to enter in any of the above categories

 

Entries close on Monday, July 16 2018.


What is a family business?

A business actively owned and/or managed or worked in full time by more than one member of the same family. Such family businesses range from huge corporations to local ‘mom and pop’ retail stores, the family farm or other commercial business. As a family business passes from one generation to the next, children will learn the job from at an early age. In any other sector this could be seen as child labour, but in a family business is more often referred to as ‘helping mum and dad’ and the children enjoy being involved and learn valuable skills directly related to the family business at a much younger age.

A message from our sponsor Hazlewoods:

Family businesses are truly unique and are the backbone of the UK’s economy. Ruth Dooley, Partner in Hazlewoods Corporate Services Team, works closely with a wide variety of businesses. Ruth and the team regularly provide advice on the many challenges that can arise from a family business and help to avoid the pitfalls. This ranges from tax advice, ownership agreements, succession planning and much more. Hazlewoods aim to help family businesses create a more successful venture, drawing upon their unique strengths.

- Ruth Dooley

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