The 2020 FEUSA Survey was conducted between January 31st and April 24th during the global Coronavirus pandemic.

As of mid-March much of the United States was under some form of stay-at-home order and survey responses reflect concerns as a result of this unexpected global event.

While the large majority (79%) report revenue growth in 2019, a substantially fewer report growth of 10% or more compared to 2018. (39% reporting 10%+ growth now vs. 47% reporting similarly for 2018).

Voice of Business Owners

“50% of my time in past 5 years has literally been dedicated to estate planning and/or settlement of estates. I am not an attorney, I am an owner. Valuable time and money has been taken away from productivity and growth of our company. After income, capital gains, property and payroll taxes, one has to wonder if the US govt wants us to succeed. And if we don’t succeed, there will be no taxes paid at all.”

Patricia Soldano, President; Family Enterprise USA, gives a brief on the 2020 Family Business Survey results.

Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. FEUSA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of FEUSA. Family Enterprise USA is a 501(c)(3) non-profit organization. Family foundations can donate.