Regenerate The Possible | The Sector
A family business is a company where ownership and management are primarily controlled by one or more families, often passed down through generations.
A family business is an enterprise where ownership, control, and management are predominantly in the hands of a single family or multiple generations of a family. The family members are involved in key decision-making processes and often hold key leadership positions within the business.
These businesses may range from small, closely-held ventures to large corporations, passing down values, traditions, and assets across familial lines.