Definitions for family business
fam·ily busi·ness

Princeton's WordNetRate this definition:0.0 / 0 votes

1. family businessnoun

   a corporation that is entirely owned by the members of a single family

WiktionaryRate this definition:0.0 / 0 votes

1. family businessnoun

   A business whose owners are all members of the same family.

WikipediaRate this definition:0.0 / 0 votes

1. Family business

   A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals. They are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multi-generational dimension and family influence that create the unique dynamics and relationships of family businesses.

ChatGPTRate this definition:0.0 / 0 votes

1. family business

   A family business is a commercial organization or company in which decision-making is influenced by multiple generations of a family, who are closely identified with the firm through leadership or ownership. These types of businesses often have the intention to pass the company from one generation to the next within the family.

WikidataRate this definition:0.0 / 0 votes

1. Family business

   A family business is a business in which one or more members of one or more families have a significant ownership interest and significant commitments toward the business’ overall well-being. In some countries, many of the largest publicly listed firms are family-owned. A firm is said to be family-owned if a person is the controlling shareholder; that is, a person can garner enough shares to assure at least 20% of the voting rights and the highest percentage of voting rights in comparison to other shareholders. Some of the world's largest family-run-businesses are Walmart, Samsung Group, Tata Group and Foxconn. Family owned businesses account for over 30% of companies with sales over $1 billion.

Matched Categories

1. • Closed Corporation

How to pronounce family business?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say family business in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of family business in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of family business in Pythagorean Numerology is: 3

Examples of family business in a Sentence

1. Howard Bragman:

   They could make hundreds of millions of dollars, they were a part of the family business and they left to start their own. They saw they werent going to be running that business and didnt want to cut ribbons and glad-hand and cover openings for the next 50 to 60 years.

2. Dick Tips:

   This is a family business of five generations, i just am not believing that this is happening.

3. Cara Cullen:

   To me, thats a delay tactic. Its a political tactic just to appease us. Basically for five weeks, Ive sat by watching my family business get destroyed while thousands of golfers havecrossed the borders to go toConnecticut and New York, which is causing huge safety concerns. ... Theres like 47 states that have opened golf courses. By not opening golf courses, [Bakers]actually creating a more hazardous condition.

4. Harry Sdralis:

   You're talking about massive losses right now. Massive, our family business will continue because we are a strong family, strong community and strong city.

5. Irvin Feld:

   Each elephant costs over $65,000 a year, per year, over all the years of their life, we're fortunate we're for profit. We do make a profit and we're a privately owned family business, and so we've made a decision we want to devote a lot of resources here.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=family business
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Family_Business
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Family_Business
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=family business