A commitment to community

Family businesses have long been known for their unfaltering commitment to the communities they call home. Family company logos can be found on Little League uniforms, and hospital wings are named after the family business owners who contributed the funds to build them.

“They’ve been there for generations,” says Daniel Van Der Vliet, John and Dyan Smith Executive Director of Family Business at the Smith Family Business Initiative at Cornell University. “They’re not likely to leave. Often their presence is felt throughout the community.”

Already a subscriber? Sign In

About the Author(s)

Margaret Steen

Margaret Steen is a freelance writer and frequent contributor to Family Business.


Related Articles

Investing in family business

Pressed for business

KEEP IT IN THE FAMILY

The Family Business newsletter. Weekly insight for family business leaders and owners to improve their family dynamics and their businesses.