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Family-owned Business |
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There are more than 25 million family-owned businesses in the
United States. They account for 50% of the nation’s gross domestic product. And 64% of all American
wages. Our team of professionals is expert at dealing with all aspects of family business. And one of the cutting edge tools we employ is the interactive movie FamilyMatters®. Please call us for more information. We’d be happy to send you a business card CD-Rom "movie ticket" to view on your computer. Learn more about our exclusive family -owned business programs; email or call 215-750-4544. |
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Yet family-owned businesses fail after one or two generations at an alarming rate; less
than 30% survive for a second generation and only 13% make it into the third generation. The reasons:
lack of planning and family emotional conflicts, forcing families to close or sell their businesses.
These pitfalls can be avoided. Families who take the time to plan can keep their businesses healthy
and intact for generations. It’s a matter of time and of survival.