The Makings of a Successful Family Business

Governments around the world have long stressed the importance of small and medium sized family businesses to the economy. While most small and medium sized businesses are family owned, the logistics of starting, maintaining, and passing the business on to future generations within the family is paramount to its success.

Gary Laitner, a partner in Faegre Baker Daniels London office, has considerable experience in all types of company and corporate finance transactions. Laitner authored an article which appeared in Real Business on April 29 in which he explored the history of family businesses, the important role they play in the local and international economy, and how owning and maintaining a small business has changed in economies that are becoming more internationally focused.