An Empirical Study on the Factors Affecting the Success of Family Business

Family businesses generate wealth, offer jobs, exist for longer periods of time and thereby influence the economy significantly. People who want to build sustainable businesses face the problem of determining the factors that impact family business. This study explores the different factors affecting the success of family businesses by analyzing primary data collected through a self-structured questionnaire designed following an extensive review of the literature on family business. The present study augments the visibility of family business research and triggers a new line of investigation.