NxtGen Nexus

Family Business Forever

Family Businesses are not only oldest type of company, they form the backbone of the United States and world economy. Don’t believe us, check it out.

ECONOMIC FIREPOWER  Family businesses account for 64 percent of U.S. gross domestic product, generate 62 percent of the country’s employment, and account for 78 percent of all new job creation

DOING THE RIGHT THINGS  Family businesses leaders focus on the next generation, not the next quarter. They tend to embrace strategies that put customers and employees first and emphasize social responsibility.2

WOMEN MANAGEMENT  Women are increasingly participating in family businesses leadership. Currently, 24 % of family businesses are led by a female CEO or President, and 31.3 % of family businesses surveyed indicate that the next successor is a female.

ENTREPRENEURIAL  Family-owned businesses have strong entrepreneurial activity across time. On average and over the family’s history these families controlled 6.1 firms, created 5.4 firms, added 2.7 firms through merger and acquisition activity, spun off 1.5 firms, and shifted industry focus 2.1 times.

Family Business

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Family Business Fans

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to learn how we can work together to make help Family Businesses Join our NxtGen Nexus LinkedIn Group so you can be celebrate Your Family Business and Family Businesses around the world.

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