Family Owned Businesses and Small & Medium Enterprises 

Family owned and managed businesses (FOB) and Small & Medium Enterprises (SMEs) make a vital contribution to Qatar's economy. They also face their own unique challenges that require unique solutions.
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Yacoub Hobeika
Partner, Head of Owner Managed Business
yhobeika@kpmg.com

These challenges include the delicate balancing act of managing family expectations as well as the needs of the business. Typically, the introduction of a formal succession plan, a governance framework and professional management practices represent common challenges unique to FOBs and SMEs.