The Importance of Family Businesses’ Contribution to the U.S. Economy

#Lifestyle Wealth


Everyone involved with family businesses knows that those businesses are important contributors to the U.S. economy. They provide jobs, pay taxes, take care of their communities and are drivers of innovation not only in the United States but also worldwide. Neither the federal nor state governments track family business status in their economic data. The fact that the government doesn’t collect any data on family businesses in a separate category is troubling for many reasons

https://www.wealthmanagement.com/estate-planning/importance-family-businesses-contribution-us-economy

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