Family Businesses employ 83.3 million people, 59% of the private sector workforce. This is an update on the 2003 groundbreaking study on the impact of #familybusiness contributions to the US economy.
Torsten Pieper at @unccharlotte undertook the study with support from @FamilyEnterpri3. The original work by Astrachan and Shankar has been cited over 1400 times, but has not be re-examined in almost 20 years.
In the light of the current Covid-19 pandemic, the relevance of thi