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Many family business owners are celebrated for their lightning-fast decision-making, often driven by deep instinct and years of practical experience. This ability to “jump the gun” and act decisively is frequently the engine that propelled the company from a startup to a success story. Yet, this very strength is often the source of significant instability and risk in the long...
The Central Bank’s latest Quarterly Review provides a good economic snapshot, highlighting both current operating conditions and deep-seated structural challenges that Maltese family businesses must address to secure their future. For sectors traditionally dominated by family enterprises—such as manufacturing, construction, accommodation, and food services—the report’s findin...
A phone call usually comes in a state of high alarm. A frantic family business owner, facing a perfect storm of structural issues and plummeting performance and a looming sense of confusion, normally reaches out desperately for help. They speak of issues with regards individual employee or managerial performance, declining business performance, uncertainty and market pressure...
Last Tuesday evening at 8pm, as I sat in my plane seat, the captain informed us that suddenly Brussels airport was closed due to drone sightings. We did not know how long we will be stuck there and if we would make it home at all. As I sat there, tired and concerned, my mind raced on a million things. I had all the time of the world as we eventually took off after 3 hours stu...
Here is a detailed overview of the measures, initiatives, and schemes targeting businesses:
1. Investment in Digitalisation, Innovation, and Research
A critical component of the budget is the unprecedented commitment to technological advancement and skills improvement:
