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Today's Poll

Would you want your children following in your professional footsteps?
Poll Description

Massachusetts has the second smallest percentage of family-owned businesses in the country, according to an OnDeck analysis of the U.S. Census Bureau’s 2023 Annual Business Survey. The analysis showed 21.87% of Massachusetts businesses are family-owned.

The power of family-owned operations is found in the numbers. Research performed by Family Enterprise USA reports 74% of family-owned businesses have been operating for more than 30 years.  

Even when families don’t work together running a business, many professionals hope to see their children following in their career footsteps, creating a lineage of those in the same profession and fostering the camaraderie that comes with.