Meet the young women taking on their family businesses – Hayden Bailey comments in The Telegraph
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A growing number of next-generation workers are stepping into leadership roles within family-run businesses - not for financial gain, but to preserve and build a lasting legacy.
In a recent feature, The Telegraph highlights the stories of young professionals who began their careers in industry but later transitioned into their family businesses, noting a rising interest in this route as an alternative to more conventional paths.
While many parents have long hoped their children would pick up the baton, past research showed that a significant proportion of business owners expected their enterprises to end upon their own retirement or passing. However, more recent studies suggest that small businesses are increasingly becoming a family once again. It seems that joining such ventures is becoming ever more attractive to the sons, daughters, and extended family members of business owners.
Hayden Bailey comments: “Family businesses show strong resilience in times of political and economic uncertainty… They take a long-term view, which may be encouraging to the next generation…. We see more interest from the next generation when they can have a significant level of control or influence within the family business… If the next generation can put their own stamp on it, that’s very attractive.”
The full article published by The Telegraph in July 2025 can be found here and sits behind a paywall.
Hayden’s comments also appear in Yahoo! Finance and MSN.
