Grandfather observing his grandson hold soil in a greenhouse setting of plants.
Grandfather observing his grandson hold soil in a greenhouse setting of plants.
Small Business Facts

Small Business Facts: Characteristics of Family-Owned Businesses

By Office of Advocacy

Family-owned businesses are central to the U.S. economy. The Office of Advocacy has released a fact sheet outlining recent data about these businesses. Review the recent trends in family-owned business employment and learn more about the common characteristics of family-owned businesses in this newest release.

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Fact Sheet, Small Business Facts: Characteristics of Family-Owned Businesses (PDF, 250 KB)

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Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government.

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