Privately held businesses: the lifeblood of the global economy

IBR 2009 Global overview © Grant Thornton International Ltd

The global financial crisis has sent many economies around the globe spiralling into recession and has dramatically changed the plans and outlook for privately held businesses (PHBs) the world over. This year’s research coincided with an almost unprecedented level of global economic turbulence; a combination of a severe banking crisis in many mature economies, the squeezing of credit lines, colossal house price corrections and a widespread collapse in fixed investment.

The report covers the following topics: global economy, performance, raising finance, business constraints, business planning, workforce issues, the environment, succession, mergers & acquisitions and taxation.

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