family business

(redirected from Family company)
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Related to Family company: 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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Successfully trading for more than 25 years, this family company is not just keeping afloat but making a real splash with their customers, as specialist suppliers of bathroom suites, heating and plumbing equipment to the North West.
Management of the property will be assumed by KND Management Co., Inc., a Dolgin Family company that is the management arm of the family's real estate brokerage, investment and management firm.
David Collier has severed his connections with family company Colliers' Cleveland Properties, which provided rented residential property, and launched Collier Property Management with his wife Judith.
A business patriarch skipping over his own kids to choose an outsider to run a family company "is a very rare occurrence in Brazil," says Nobrega.
Achieving the continuation of the company as a family company, the first step for any family business owner must be to be clear about his vision and aims and to foster them within the family.
The acquisition concerns all of the Bourdais group, a family company founded in 1954 and managed since 1982 by Jean-Claude Bourdais, the founder's son...JJ:(AFP)
"For 125 years, SC Johnson has been proud to call ourselves a family company. That means we care about the families who use our products as well as the families who are a part of making them," said Pas-cale Meyran, SVP, global human resources, SC Johnson.
Riverford is a family company delivering boxes of fresh seasonal produce to households across the country through its network of sister farms.
As president and head of business development at MKDA (Milo Kleinberg Design Associates), Kleinberg has spent the past 28 years working side-by-side with his brother and father to help the family company grow from $15 million to more than $75 million in project valuations.
The deal will see the 100-year-old family company supply ice cream to the Fenwick Food Hall in Newcastle and four Asda supermarkets in the area.
What, for example, is the fiduciary responsibility of a board in a family company for seeing that the owners prepare for a transfer of leadership to the next generation or do proper estate planning?