Category Archives: Family Business

Six Key Challenges Facing Family Businesses

Family businesses are the quiet success story of the American economy. According to a 2014 Forbes articles entitled, “The Biggest Myth About Family Businesses”, approximately 35 percent of Fortune 500 companies are family-controlled and represent the full spectrum of American companies from small business to major corporations.  In addition, family businesses account for 50 percent of U.S. gross domestic product,…
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