Family, privately owned and owner-managed businesses are being urged to share their views as Armstrong Watson looks to build a fresh picture of the opportunities, challenges and priorities shaping this vital part of the economy.

The 2026 Family, Privately Owned and Owner-Managed Business Survey, which is the sixth to be conducted by the accountancy, business and financial advisory firm, is one of the largest of its kind. The research is designed to capture the views of businesses across all sectors and regions, and last year received over 850 responses.

It comes at a time when businesses continue to navigate a complex and evolving economic landscape. Persistent cost pressures, ongoing labour market challenges, and continued uncertainty around interest rates and economic growth are influencing decision-making. At the same time, businesses are balancing the need to invest in technology and innovation, respond to regulatory and tax changes, and plan for long-term sustainability and succession

Armstrong Watson is looking to explore how businesses are responding to these pressures, while also identifying areas of resilience and growth. The survey will gather insights across key themes including people and recruitment, digitalisation and technology, innovation and growth strategies, and succession and long-term planning.

Paul Dickson, Armstrong Watson CEO and Managing Partner

Family, privately owned and owner-managed businesses are the backbone of the UK economy and the communities they serve. They are incredibly resilient, but they are also operating in a period of significant change, with persistent cost pressures, economic uncertainty and important decisions to make around growth, leadership and long-term planning.

This survey allows business owners to share their views, the challenges they are facing, and the support they need to succeed. It is only by taking the time to listen and understand these issues that we, as advisers, can provide the most relevant and effective support.

We are keen to hear from as many businesses as possible so the findings reflect a broad and representative picture of the sector. The insights gathered will not only help us better support our clients and contacts, but will also contribute to a wider understanding of the concerns and ambitions of family and owner-managed businesses across the UK.

Armstrong Watson will share the findings from the survey with respondents and publish a full report later this year, sharing insight with policy makers to influence and help shape national decisions that impact on family, privately owned and owner managed businesses in the UK.

Businesses of all sizes and sectors are encouraged to take part in the multiple-choice survey, which takes around ten minutes to complete. To complete the survey, visit armstrongwatson.info/FamBiz26. Participants also have the chance to win a £200 Amazon Voucher following completion of all questions.