Is your business a family business? When most people hear that phrase they think in terms of some formal and regular involvement of family members in defined business activities with some payment for such activity. Yet in the broadest sense, family businesses cover a much broader involvement of family members. The work might include the […]
Time and Family Businesses
Earlier this year, I did a blog post on the importance of “Family Businesses in the Economy.” Most of us patronize these businesses, but probably don’t think much about them. Who are the owners? What types of businesses do they run? How successful are they? Prior to retirement, I was part of a group of […]
Family Businesses in the Economy
Did you know that: You will find a family business in one out of every 10 households. Family businesses contributed over $10 trillion, by one estimate, into our U.S. economy. Family businesses generate over 50% of U. S. business revenue. Family businesses employ over 50% of the U.S. workforce. Do you get a sense of […]
Family Businesses in the Economy
You will find a family business in one out of every 10 households. Family businesses contributed over $10 trillion, by one estimate, into our U.S. economy. Family businesses generate over 50% of U. S. business revenue. Family businesses employ over 50% of the U.S. workforce. Do you get a sense of my topic this week? […]
