Family Business

(redirected from Family-owned enterprise)
Also found in: Dictionary, Thesaurus.
Related to Family-owned enterprise: Government Owned Enterprise

Family Business

A company in which one person or a group of related persons is the controlling shareholder. The term connotes a small business, but some family businesses are large, publicly-traded corporations. In the latter case, family members often serve on the board of directors and may appoint some of their number to major executive positions.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
"The value I bring to a family-owned enterprise is I have lived it and breathed it and successfully transitioned to a new owner."
You are also considered employed if you work without pay for 15 hours or more per week in a family-owned enterprise operated by someone in your household.
[P.sub.it] is the treatment variable, equal to 1 if firm i is a family-owned enterprise in year t and 0 otherwise.
The family-owned enterprise, which was founded by Kazi Shahid Ahmed, fused the old, tea-producing traditions with the new and created a process that although unexplored, was nonetheless beneficial for both the company and the community.
"As a family-owned enterprise, our flexibility means that supermarket operators can first experiment by trying out small runs of new recipes with us before committing to larger volume orders."
Freezees is a family-owned enterprise based in Arizona, but never fear because with this quality product, it's sure to grow fast!
That's what Vista offers its clients: the first-class treatment of a large real estate firm -- along with the friendly, personalized attention of an Alaskan, family-owned enterprise.
Ernest Gallo, older by one year than Julio and chairman of the family-owned enterprise, pursued his overall direction, especially in marketing.
According to Deadline.com, the family-owned enterprise, which controls the songs and rights of the iconic guitarist, will give full cooperation in the making of the film.
He said his Dubai flagship project, which will be family-owned enterprise, will concentrate on delivering bespoke units.

Full browser ?