Views sought for Armstrong Watson’s 2026 business survey

Family, privately owned and owner-managed businesses across Scotland are being asked to share their views as Armstrong Watson seeks to illustrate the opportunities, challenges and priorities shaping this part of the economy.

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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.

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It comes at a time when firms continue to navigate a complex and evolving economic landscape, such as cost pressures, ongoing labour market challenges, and uncertainty around interest rates and economic growth. Meanwhile, 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, managing partner and chief executive of Armstrong Watson, said: “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.