Great to see comment by FBU Founder Paul Andrews featured in The Scotsman recognising the importance of family firms in the leisure and tourism sectors to communities across Scotland.
While there are no official separate figures for the outdoors and adventure sector, tourism as a whole forms a vital part of Scotland’s economy. Spending by tourists generates £12 billion of economic activity for the wider Scottish supply chain and contributes £6bn to the nation’s GDP, representing about 5 per cent of the total. The tourism industry in Scotland supported more than 217,000 jobs in 2015, accounting for about 8.5 per cent of the country’s employment. Paul Andrews, founder and managing director of Family Business United, believes that smaller family firms, such as many of those serving the outdoors sector, are particularly important to local communities. He says: “Many of these businesses succeed for generations and become part of the very fabric of the communities in which they operate. They build direct economic activity, generate local jobs and community wealth.”