family business


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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 classic literature ?
I took a walk by myself in the forenoon, and looked about at some of the places which I first saw when I was staying at Limmeridge to transact family business, more than thirty years since.
As to Aramis, he had asked for leave of absence for five days, and was gone, it was said, to Rouen on family business.
We are going" -- she hesitated -- "we are going on imp ortant family business.
Gorvins, which has operated in the North West for more than 150 years, has built a reputation for working with family-owned businesses and has a dedicated family business team.
Striving for further growth, many European family business ownerstake steps to achieve higher professionalization within their companies: they improve their governance structures and bring in outside talents.
Talking to the GDN on the sidelines of the Middle East and South Asia (MESA) Family Business Conference at the Art Rotana Amwaj Islands Hotel, Mr Gopinath said the success of family businesses was critical to the regional economies as around 75 per cent of the GCC's private sector was family-owned.
Bavaria, one of the oldest privately held and run companies in the Netherlands, was awarded the 20th annual IMD-Lombard Odier Global Family Business Award at the 26th Summit of the Family Business Network International (FBN-I) in Montreux, Switzerland.
Commissioned by high profile clients including SUBWAY(r) and Patisserie Valerie, Fracino was named Midlands Family Business of the Year at the 2015 Family Business of the Year Awards which celebrate the vital contribution family businesses make to the UK economy.
Dubai: Given their importance of family businesses to GCC economies, FBN officials said there is growing realisation at the government level on the need for creating specific laws to assist family business generational transition in this region.
A new legal white paper by the Family Business Network GCC provides a set of recommendations and highlights the need to strengthen legal framework across the GCC, after assessing the legal structures available to GCC family businesses for their succession planning.
EY has launched its Worldwide Family Business Tax Guide, an in-depth resource consolidating leading practices across 41 countries, to promote robust tax policy within family businesses.
In the UK, the family business sector accounts for three million rms (2 in 3 from the private sector), PS1.