If you have any questions or concerns, please use the contact information provided in this email as this inbox is not monitored for replies.
Family Enterprise USA

Tax, Labor Issues Top Concerns of America’s Private Largest Employer, Family Businesses, Says New 2023 Family Business Survey


Just Released Family Enterprise USA Annual Family Business Survey 2023
Also Cites Supply Chain Issues, Inflation Damaging Business

Income taxes and labor worry are the top issues America’s family businesses point to when looking at this year’s economic hurdles, according to the new Family Enterprise USA Family Business Survey 2023 released today.
The annual survey measures the pulse of family-owned businesses, America’s largest private employer, and found the biggest worry resided in the country’s tax policies, with 50 percent of respondents saying high personal income taxes were the number one concern, up from 45 percent a year ago.

Another primary concern among family businesses was finding, training, and keeping employees, with 31 percent of family businesses and family offices saying this was of critical concern. Shifting “market conditions” were also a key worry, with 30 percent of respondents citing it as a main worry for the coming year.

The Family Enterprise USA Annual Family Business Survey 2023 was conducted in the first two months of 2023. The respondents were 571 family businesses or family business offices from across the country. The study’s main sponsors are Squire Patton Boggs and Brownstein, both leading law and lobby firms advocating for family businesses.

The survey assessed a cross section of America’s multi-generational family-owned industries that contribute $7.7 trillion... (continue reading)
Please stay safe and healthy,
Pat Soldano
President; Family Enterprise USA
pmsoldano@family-enterpriseusa.com
712 H Street NE Suite 1330
Washington DC 20002
202-738-4916

Upcoming Events

  • March 16: Grand Rapids FBC, Grand Rapids, MI
  • March 22: Homrich Berg webinar
  • March 22: California Family Business Association, Tustin, CA
  • March 23: Maine FBC Event
  • March 29: High Center FBC, Elizabethtown, PA
  • April 19 - 21: Transitions East, St Petersburg, FL
Sign-Up For New Podcast: "Voice of Family Business on Capitol Hill" with host Pat Soldano.

Join our growing family of podcast listeners by clicking on the links below to our new podcast, "The Voice of Family Business on Capitol," where each episode delves into the major issues facing family businesses and family business centers today. Subscribe by clicking on these links, or wherever you get your podcasts.
We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…

As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.

The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill.
About Family Enterprise USA
Family Enterprise USA advocates for American Family business. We help family businesses communicate their challenges and contributions to American economic freedom to Legislators. We represent all American family businesses; not just specific industries and provide research to enhance the opportunity for success. We help family businesses continue to establish their unique business legacy. Family Enterprise USA is a 501(c)(3) non-profit organization.. Family foundations can donate.

Family Enterprise USA Digital Brochure
Have questions or would like more information about becoming a Member or donating? Please contact John Gugliada at jgugliada@family-enterpriseusa.com.

Family Enterprise USA Sponsors

Family Enterprise USA Sponsors
Family Enterprise USA Sponsors
Family Enterprise USA Sponsors
facebook twitter instagram linkedin