Nearly 90% of America s 15 million
businesses are family controlled or have a major
family involvement. They generate 60% of
the country s gross national product and employ
between 40 and 50 million people.
Certainly some family businesses are in fact
gigantic multinational dynasties (including 175 of
the Fortune 500). However, the vast majority
are small to medium-sized companies struggling
daily for survival.
Most family businesses have a life expectancy
of merely twenty-five years. Only 30% survive to
the second generation; and of these, only half
survive to the third generation.
Why? Corporate Bloodlines answers these
and many other questions in its in-depth profiles
of fourteen family-owned businesses:
~ Bixler s (jewelry stores, Easton, PA)
~ Blake-Lamb Funeral Homes (Oak Lawn, IL)
~ Bookstop (book retailing, Austin, TX)
~ Dillard Department Stores Inc. (Little Rock, AR)
~ Elyachar Real Estate (New York, NY & Sarasota, FL)
~ The Firestone Vineyard (Los Olivas, CA)
~ Fox Photo Inc. (San Antonio, TX)
~ Glen Ellen Winery (Glen Ellen, CA)
~ Grace s Marketplace (gourmet foods,
New York, NY)
~ Koss Corporation (Milwaukee, WI)
~ Lazzara Optical (Villa Park, IL)
~ The 7 Santini Brothers (Bronx, NY)
~ Smith Farms (Chula, MO)
~ Unified Services Inc. (cleaning, Washington D.C.)
Here are vivid portraits of families
working, struggling and sometimes achieving
a piece of the American dream: the Lamb
brothers, who built the Blake-Lamb Funeral Home
into one of the largest in the Midwest;
the 7 Santini Brothers moving company, which never
changed its founding credo that family comes
before business, and was finally forced to sell
a~er years of declining revenue, dwindling profits
and bitter feuds among five family factions;
and Grace s Marketplace in Manhattan, where at
5:00 a.m. vendors deliver goods long before
the doors to the gourmet take-out shop open.
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