Family-owned firms remain the backbone of the US economy, accounting for 64% of GDP and generating 62% of employment. Yet only 30% survive to the second generation, and just 4% to the fourth.
So how do some family businesses thrive across generations?
In the July issue of gasworld US, Art Anderson, Managing Principal at AH Anderson Consulting and member of the gasworld US Advisory Board, spoke to several independent distributors to hear their stories.
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