Taking the Pulse of Family Business

February 22, 2006 by Dane | 1 Comment
In Profiles

Business Week:

Family-owned businesses continue to form the backbone of the American economy. Consider the following statistics reported by the University of Southern Maine’s Institute for Family-Owned Business: Some 35% of Fortune 500 companies are family-controlled. Family businesses account for 50% of U.S. gross domestic product. They generate 60% of the country’s employment and 78% of all new job creation.

Related Posts

Comments

Leave a Reply

Comment moderation is enabled. Your comment may take some time to appear.

« Previous Post

Next Post »