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Tip Sheet: Four critical mindsets of high-performing family-owned businesses

BizTimes Staff
By BizTimes Staff

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Family-owned businesses, by and large, perform better in times of economic uncertainty compared to those that are not family owned, according to research by McKinsey. Breaking down the factors that contribute to their adaptability and resilience, a 2023 report highlights four critical mindsets of high-performing family-owned businesses. Focus on purpose beyond profits: Most respondents to

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