| Free Newsletters Familiar names fill Family Business Forum
It isn't easy competing against mammoth corporations, but family-owned businesses, many venerated by loyal customers, diligently do it every day with remarkable success.
In the United States, there are well over 24 million small businesses, according to
More impressively, smaller firms, those with fewer than 500 employees, represent 99.9 percent of the 24 million plus companies. Recent data notes that there are 17,000 large businesses.
What all this means is that small businesses create two of every three new jobs and are the powerhouse of the U.S. economy.
The figures do not discount the importance of large businesses, but pointedly illuminate the important role that small, family owned business play in fulfilling the strength of the U.S. economy.
In northeast Pennsylvania, much attention has been drawn to the Kings College Family Business Forum in Wilkes-Barre, whose job is to help family businesses meet the challenges of changing regional and global markets.
In addition, make sure to read these articles:
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- SMBs Must Look Beyond Platitudes and Their Party on Tax Policies
- A Fascinating Look at Entrepreneurs Around the Globe
- Build Valuable Business Relationships with Twitter
- Family-owned firms play big role in L.A. economy.
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- Korea's LG Group Heads Family Business Magazine List of Largest Global Family Companies.
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