Family Entrepreneurship

Family entrepreneurship refers to businesses that are owned and managed by family members. This can include small family-run shops, larger companies, or startups financed by relatives. Families often bring a unique blend of trust, shared values, and long-term commitment to their ventures. However, they may also face challenges such as conflicts, differing visions, or the pressure to keep the business within the family. Overall, family entrepreneurship combines the dynamics of personal relationships with the complexities of running a business, influencing its culture, decisions, and future.