Families in Business
» Families in Business, Volume 2, Issue 6, 2002
If respondent is an owner of the business.
11b. Do you plan to transfer ownership of this business to one or more of your family members within the next five years?
| Response | Small, employing family-business owners | Small, employer business owners, excluding non-owner managers | ||
|---|---|---|---|---|
| 1 | Yes | 11 | 9 | |
| 2 | No | 82 | 85 | |
| 3 | DK/Refuse | 7 | 6 | |
| Total (%) | 100 | 100 | ||
| N | 319 | 629 | ||
Notes: Eleven (11) percent of small, employing family-business owners intend to transfer their business to one or more family members within the next five years (Q#11b). Nine percent of small, employing business owners, excluding non-owner managers, intend to transfer their business to one or more family members within the next five years (Q#11b).
