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The Small Business Administration says family-owned businesses account for 90% of all businesses in the US. This number includes huge, family-owned corporations like Mars Inc. and Wal-Mart and top earners like Berkshire-Hathaway. But most family businesses are small ones. The Census Bureau says 28% of small businesses are family-owned, which in turn account for 42% of all small business receipts.

Lamborghini Terzo Millennio, Oct 20 2019 on