This is an industry that's done business pretty much the same way for the past 100 years. Most of the funeral homes are still family-owned, so they rely on word-of-mouth or local advertising to reach their consumers. What we realize is that as geographic trends have changed for families and they no longer live in the same hometown, how would they know where to go if a loved one died.
Quotes about family-owned (11 Quotes)
They're a family-owned business, and they don't like to mess with the traditions of the team. When you have a good nucleus and stability at the owner's position, it just trickles down to the rest of the organization.
The death tax robs parents of the opportunity to pass something along to their children, and it is responsible for destroying a lot of family-owned businesses.
Most of the executives of publicly held companies are on the job for five years and these companies are more concerned with quarterly earnings. However, family-owned businesses are in there for the long run. It might even take decades for some of their ventures to pay off,
The death tax causes one-third of all family-owned small businesses to liquidate after the death of the owner. It is also an unfair tax because the assets have already been taxed once at their income level.
Half the businesses we surveyed are family-owned. About a quarter of these owners expect to retire or sell sometime in the next five years -- but only 13 percent expect the businesses to stay in the family -- with 35 percent having no idea what they will do or expecting to close down. Owners often spend an entire lifetime building their businesses -- but rarely give thought to what will happen when they are ready to retire. As a family-owned business ourselves, we strongly encourage businesses to start planning now -- to minimize taxes and address other financial and emotional considerations.
The death tax destroys family businesses and stifles investment that leads to increases in jobs and personal income. As a result, 70 percent of family-owned businesses are not passed on to the next generation and 87 percent do not make it to the third generation.
I've lived in South Carolina my entire life, I grew a family-owned business here, and I'm proud to assume a role where I can make a difference in raising income levels and creating opportunities for our state.
Ford is a family-owned, American company with some exciting history in the auto industry.
The last piece is the enforcement piece. So many contractors in this country are still small family-owned businesses that can only look at the documents presented to them and try to determine if a person truly is a legal worker. If false or fraudulent papers are presented, all they can do is make a good faith effort to determine if they are accurate.
If we transform health insurance to a market where small employers and family-owned businesses can demand better benefits at better prices, insurance companies would be forced either to keep up with the competition, or lose their market share.