10 Things You May Not Know About Family Businesses

Rivers, Wayne
September 2012
Family Business Advisor;Sep2012, p1
The article offers information on family business, the dominant form of business in the world and in the U.S. It mentions that family businesses accounts for 80% to 90% of gross domestic product (GDP) in North America and 65% of GDP in the U.S. It notes that family businesses are poor at emergency planning wherein the demise of business in 47.7% of all family business failures was precipitated by the founder's death.


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