The pandemic has been a difficult test for many family businesses, but many have managed to navigate their way amid the challenges and even found new opportunities to take their businesses to the next level.

In addition, family businesses have been developing new capabilities and are continuously creating value to maintain sustainable competitive advantage from generation to generation, according to a report from KPMG entitled “The regenerative power of family businesses – Transgenerational entrepreneurship”.

Read the highlights of the report published in The Edge below