Institute for Family Business
The Institute for Family Business was established in 1987 to provide a forum for the development and dissemination of information relevant to the continuity and health of the family business.
It is estimated that family businesses generate about half of the gross domestic product and half of the total wages paid. About 90 percent of all U.S. businesses are family owned or controlled. Their survival is fundamental to America's economy.
The Institute is committed to helping more family businesses survive to the second and third generations and beyond. Family businesses possess the strengths and values of both the business and the family, but their separate needs present challenges which can threaten the businesses' continuity. Family businesses need support which is sensitive to this inherent tension. The Institute provides this support.
For more information: contact (254) 710-4159.