According to the Small Business Administration, more than 70 percent of all family businesses do not survive through the second generation, and 8 percent do not make it to a third. (Kit Bond)

According to the Small Business Administration, more than 70 percent of all family businesses do not survive through the second generation, and 8 percent do not make it to a third.

Related topics

administration business family generation second small third

Related quotes

If it looks like a duck, and quacks like a duck, we have at least to consider the possibility that we have a small aquatic bird of the family anatidae on our hands.

Douglas Adams

Alcohol is like love," he said. "The first kiss is magic, the second is intimate, the third is routine. After that you take the girl's clothes off.

Raymond Chandler

Few will have the greatness to bend history itself; but each of us can work to change a small portion of events, and in the total; of all those acts will be written the history of this generation.

Robert F. Kennedy

A man snatches the first kiss, pleads for the second, demands the third, takes the fourth, accepts the fifth - and endures all the rest.

Helen Rowland

In six short years, small business owners and family farmers will once again be assessed a tax on the value of their property at the time of their death, despite having paid taxes throughout their lifetime.

Doc Hastings