family business

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Related to Family-owned: family business
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.family business - a corporation that is entirely owned by the members of a single familyfamily business - a corporation that is entirely owned by the members of a single family
close corporation, closed corporation, private corporation, privately held corporation - a corporation owned by a few people; shares have no public market
References in periodicals archive ?
Many GCC family-owned companies are leaders in their respective home markets where they have a long-established presence and successful track records.
Family-owned businesses are much in the news lately.
MANAMA: More than 80 per cent of family-owned businesses have no term or age limits on board membership and one-third do not evaluate board members' performance, a survey has found.
More than a quarter of family-owned businesses do not have a board of directors; Nearly half do not have leadership contingency plans
Muscat: The Capital Market Authority (CMA) is actively considering lowering the minimum capital of OMR2 million required for a listed company, in an apparent move to encourage family-owned firms to convert their businesses into joint stock companies.
com), a Triangle-based, full-service landscaping and lawn care company, has announced the release of a podcast describing the relationship between operating family-owned businesses and reaching personal and financial success.
The Arab region is enriched with countless family-owned businesses that slowly transformed from small trading firms in the early 60s and 70s into regional and global conglomerates, and have now started seriously looking at succession planning to manage and preserve their wealth for future generations, according to CTPartners.
Family-owned businesses in the region have started looking at succession planning to manage and preserve their wealth for future generations, a report said.
Among the more prominent remaining family-owned and operated institutions are Herzing University (Wis.
White Castle is a family-owned business based in Columbus, Ohio that owns and operates 421 White Castle Restaurants in 11 states.
However, dwindling share of survival of family-owned businesses to next generations indicates that corporate governance is also crucial for family businesses.
At the most recent annual World Dairy Expo, held in Madison, WI, the family-owned Maine business earned the top international award for "World's Best Chocolate Ice Cream.

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