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Poll results

Massachusetts has the second smallest percentage of family-owned businesses in the country, according to an OnDeck analysis of the U.S. Census Bureau’s 2023 Annual Business Survey. The analysis showed 21.87% of Massachusetts businesses are family-owned.

The power of family-owned operations is found in the numbers. Research performed by Family Enterprise USA reports 74% of family-owned businesses have been operating for more than 30 years.  

Even when families don’t work together running a business, many professionals hope to see their children following in their career footsteps, creating a lineage of those in the same profession and fostering the camaraderie that comes with.

Would you want your children following in your professional footsteps?
Yes, I plan on actively preparing at least one of them to go into my field/work at my organization. (9%, 12 VOTES)
Yes, although I don't plan on pushing them toward any certain career, making sure it’s their choice. (42%, 55 VOTES)
No, I don’t have any specific career path in mind for them. (27%, 36 VOTES)
No, I actively discourage them from pursuing my career path. (11%, 15 VOTES)
I don't have children, nor do I plan on having any. (10%, 13 VOTES)
Poll Description

Massachusetts has the second smallest percentage of family-owned businesses in the country, according to an OnDeck analysis of the U.S. Census Bureau’s 2023 Annual Business Survey. The analysis showed 21.87% of Massachusetts businesses are family-owned.

The power of family-owned operations is found in the numbers. Research performed by Family Enterprise USA reports 74% of family-owned businesses have been operating for more than 30 years.  

Even when families don’t work together running a business, many professionals hope to see their children following in their career footsteps, creating a lineage of those in the same profession and fostering the camaraderie that comes with.

  • 131 Votes
  • 1 Comments

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1 Comments

  • April 22, 2024

    My son has his own career path and I never expected him to do what I do (nor what my husband does for a living). He found his passion. That is a good thing. No pressure, no influence from us.