According to the National Federation of Independent Businesses, more than 100,000 American businesses that have closed due to the COVID-19 pandemic will never reopen. What about the millions of family-run companies? Is their plight as sobering? The situation is less clear for this sector, which accounts for more than 57 percent of the US GNP.
What are the biggest challenges facing family business? What pitfalls and opportunities are unique to them? And how do family businesses weather the storm of the pandemic? Learn more now on Can Do.