All in the family

摘要

The family business, especially in this industry, is certainly prevalent. But its numbers are decreasing. According to Industrial Distribution's 59th Annual Survey of Distributor Operations, the majority of distributorships are still family-owned businesses. This year, 71 percent of the survey's respondents owned family businesses. This statistic holds true across all company sizes. Even among the larger distributors, more than 50 percent are still family run.