
BofA’s president of Global Commercial Banking on best practices for securing the legacy of a multigen family business
via deloitte.com
Short excerpt below. Read at the original source.
In the United States, 32 million family-owned businesses form a vital pillar of the economy, injecting $7.7 trillion annually into the GDP and creating 83.3 million jobs, according to Deloitte’s 2024 Family Enterprise Survey. Yet, their broader value is measured in intangible qualities, often cultivated over generations: the spirit of entrepreneurship, a commitment to a […]