More than six trillion dollars in wealth will be transferred in the two decades ending in 2010 according to a Forbes Magazine research study - 80 to 90% of it will be in the form of Family Business ownership.

Family Business has been and continues to be the dominant form of business ownership in the world. And, because many of the issues are very private, there is not much sharing of information. Independent research studies conducted by the Wall Street Journal, Dunn & Bradstreet and The Titens Consulting Group have established that 85 to 95% of all businesses in this country are family businesses including extended family businesses.

Let’s talk numbers... the Kansas City trading area has 40,000 businesses. Research indicates that 92.4% of these businesses are family owned. That means that nearly 40,000 local businesses fall into the family business category. Chamber members, visit here for instructions on submitting an article to the Resource Portal.