Families in Business
» Families in Business, Volume 2, Issue 6, 2002
If respondent is an owner of the business.
12. Did you start this business, purchase it, inherit it, or were you an employee brought into ownership?
| Response | Small, employer family-business owners | Small, employer business owners, excluding non-owner managers | ||
|---|---|---|---|---|
| 1 | Started | 58 | 65 | |
| 2 | Purchased | 27 | 22 | |
| 3 | Inherited | 10 | 7 | |
| 4 | Brought in | 5 | 7 | |
| 5 | DK/Refuse | 0 | 0 | |
| Total (%) | 100 | 101 | ||
| N | 319 | 629 | ||
Notes: Fifty-eight (58) percent of small, employer family-business owners started their business (Q#12). Sixty-five (65) percent of small, employer business owners, excluding non-owner managers, started their business (Q#12).
