Coles on Facebook   Coles on Twitter   Coles on Linkedin   Find us on Google+
10 Facts About Family-owned 
Cox Family Enterprise Center
 

10 Facts About The Family Owned Businesses:

  • 80% of the world's businesses are family owned.

  • Family-run businesses account for more than half of the nation’s gross domestic product.

  • Nearly 35% of family-owned businesses are Fortune 500 and other large companies including Ford, Koch Industries, Cargill, Wal-Mart, Weyerhaeuser, Loews, and Ikea.

  • Approximately 60% of all public companies in the US are family controlled.

  • Family-owned businesses account for 60% of total US employment, 78% of all new jobs, and 65% of all wages paid.

  • Many family businesses were started after WWII.

  • More than 25% of family firms expect the next CEO to be a woman.

  • More than 30% of all family owned businesses survive into the second generation.

*Based on research we have conducted every year since 1985. See our RESEARCH page for more specifics.

 

 

     
 

25 Years

Top 6 Best for Family Business

 
 

© 2014 Kennesaw State University Coles College of Business | All rights reserved.  |  Legal Notices  |  Site Map  |  Search Coles
Coles College of Business | 1000 Chastain Road, BB 255, Kennesaw, GA 30144  |  770-423-6425
Questions? Contact coleswebmaster@kennesaw.edu