Family comes first
Six firms on the listhave been either created by founders of the same blood or have been passed on from generation to generation. To this day remain under the control of the family. For John Good & Sons, it involves a two century long legacy.
It has been said that family businesses often benefit fromthe implicit trust and intimate knowledge between the co-founders and staff members.
It also impacts company culture, according to Brett Bannister. Bannistersaid of his father, the footballer Bruce Bannister: Most dads usually let their son beat them at football mine used to beat me 10-0 [?] He always set very high standards.” And it was those high standards he brought to the business.
Despite a rough year both politically andhaving to survive a rough economic climate the list features 18 manufacturing companies. According to the sector breakdown, despite manufacturing’s reliance on exports and the predication that they would suffer form macroeconomic factors, they have thrived.
Similar to last year’s results, London was the epicentre of the fastest growing businesses in the UK (43), although this was down by six companies when compared to 2013. The South East was also well-represented, at 32, followed by the North with 16.
Wales, Scotland and North Ireland featured in less than ten Hot 100 companies.
All financial data for the Hot 100 was provided by Jordans.