KPMG has launched a new global centre dedicated to family business.The firm also announced yesterday a new collaboration with the Young Presidents’ Organisation that provides all members of YPO’s Global Family Business Network (GFBN) with exclusive access to knowledge on family businesses.Family-owned companies have specific needs. To support them in their challenges, KPMG International has set up a Global Centre of Excellence offering greater access to knowledge and expertise available across the global network of family-owned companies.KPMG’s Centre of Excellence provides insights on seven key issues of family business, that KPMG calls the Family Business Rainbow: growth, governance, assurance, exit strategies, wealth preservation, philanthropy, succession and next generation."The combination of family business best practices from KPMG’s practitioners and the knowledge of external experts will create useful information,” says Steve Woodward, managing director of KPMG in Bermuda and member of the Global Steering Committee of the Centre of Excellence. “The business insights generated from the Centre of Excellence will be especially valuable to clients around the world.”