Town and Story

Family Business

3 articles

A multi-generational family in a study, surrounded by heirlooms and bathed in sunlight, representing the enduring legacy of family businesses.
Founder Stories

What Is the Legacy of Multi-Generational Family Businesses?

Only one company from the original 30 constituents of the Dow Jones Industrial Average (DJIA) in 1996 remains on that esteemed list today, a stark illustration of the relentless pressures and transfor

Samuel Reed·August 18, 2026
A multi-generational family actively engaged in their business, symbolizing the strong economic contribution and legacy of family-owned enterprises.
Founder Stories

What is the economic impact of family businesses?

In 2021, family businesses constituted a staggering 87% of all businesses in America, totaling 32.

Samuel Reed·August 12, 2026
Small business owners collaborating around holographic displays, showcasing the integration of AI and emerging technologies into their daily operations and business strategies.

Local Businesses Embrace Emerging Tech Trends

More than 86% of family businesses are already actively or selectively using AI, a figure that dramatically exceeds common perceptions about local tech adoption.

Aisha Campbell·May 15, 2026