Family Businesses Across Regions – Asrar Qureshi’s Blog Post #860

Family Businesses Across Regions – Asrar Qureshi’s Blog Post #860 Dear Colleagues! This is Asrar Qureshi’s Blog Post #860 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Cliff Booth Credit: Elina Fairytale Credit: Greta Hoffman Credit: Paul Efe This blogpost partakes from INSEAD article by Alexandra von Stauffenberg and Claudia Zeisberger. Link at the end. A business may be defined as Family Business in which two or more family members operate the company, and the majority of ownership or control lies within a family. 90% businesses start as family business, as per the definition above. Family businesses also account for 70% of GDP in the global economy and 60% of global employment. When a family starts a business, they aspir...