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Get ready to support and celebrate the backbone of our economy on June 23, also known as National Family Owned & Operated Businesses Day! This day was created to recognize and honor the hard-working families who run small businesses, keeping them thriving and providing valuable goods and services to their communities. Did you know that family-owned businesses make up about 80-90% of all businesses in North America? From mom-and-pop shops to multi-generational companies, these businesses play a crucial role in our society and deserve recognition for their dedication and perseverance. So let's show some love for our favorite family-owned businesses on this special day!
<div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1800s</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Emergence of Family Businesses</div><div class='timeline-text'>During the 19th century, many family businesses were established in industries such as agriculture, manufacturing, and retail.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1930s</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Great Depression Era</div><div class='timeline-text'>Family-owned businesses provided stability and support for local communities during the Great Depression.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1960s</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Expansion of Family Businesses</div><div class='timeline-text'>Many family-operated businesses grew and diversified into different industries in the post-war years.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1980s</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Online Marketplaces</div><div class='timeline-text'>With the advent of the internet, many family-owned businesses started to expand into online commerce, relying less on physical stores.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>2008</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Family Businesses Survive Recession</div><div class='timeline-text'>Despite effects of the global economic crisis, many family firms managed to stay afloat, further depicting their resilience and importance.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>2010</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Establishment of National Holiday</div><div class='timeline-text'>National Family Owned & Operated Businesses Day was established in 2010 to acknowledge the contributions and significance of family-owned businesses.</div></div></div>
<div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>1</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Visit a family-owned business</h3><p id='' class='facts-text'>Show your support for family-owned businesses by visiting one in your community. Whether it's a restaurant, shop, or service provider, you'll be helping to keep their legacy alive.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>2</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Share your favorite family-owned business on social media</h3><p id='' class='facts-text'>Spread the word about your favorite family-owned businesses by sharing them on social media. Use the hashtag #FamilyOwnedBusinessesDay to help others discover and support these special establishments.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>3</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Attend a local event hosted by a family-owned business</h3><p id='' class='facts-text'>Many family-owned businesses host events in their communities, such as festivals, concerts, or charity events. Attend one of these events to show your support and have some fun!</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>4</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Write a positive review for a family-owned business</h3><p id='' class='facts-text'>Take the time to write a positive review for a family-owned business you've visited. Your feedback can make a big difference for these businesses and help them thrive.</p></div></div><div id='' class='facts-item'><div id='' class='facts-header'><h3 id='' class='facts-number'>5</h3></div><div id='' class='facts-text-wrapper'><h3 id='' class='facts-title'>Support a family-owned business online</h3><p id='' class='facts-text'>If you can't physically visit a family-owned business, you can still show your support by purchasing from them online. Many small businesses have websites or social media pages where you can shop and support their products or services.</p></div></div>
<div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>A</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Support small businesses</h3><p id='' class='whywelove-text'>National Family Owned & Operated Businesses Day is a great opportunity to show your support for local and family-owned businesses. These businesses often rely on community support to thrive, so by choosing to shop at these establishments, you are directly supporting your local economy.</p></div></div><div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>B</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Unique products and services</h3><p id='' class='whywelove-text'>Family-owned businesses often have a personal touch and offer a range of unique products or services that you can't find in larger, corporate stores. By supporting these businesses, not only are you getting something special, but you're also helping to preserve diversity in the marketplace.</p></div></div><div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>C</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Exceptional customer service</h3><p id='' class='whywelove-text'>Family-owned and operated businesses often prioritize customer service and building relationships with their customers. You can expect a more personalized experience when shopping at these establishments, making it a truly enjoyable experience.</p></div></div>
<div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>1</p></div><div class='facts-core-content'><h3 class='facts-title'>Family Businesses Create Jobs</h3><p class='facts-content'>Family businesses are job creators. They employ 60% of the U.S. workforce and generate 78% of all new jobs.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>2</p></div><div class='facts-core-content'><h3 class='facts-title'>Family Firms are Long-Lasting</h3><p class='facts-content'>Family businesses have a long-term focus, with some surviving for centuries and across many generations, contributing to social stability.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>3</p></div><div class='facts-core-content'><h3 class='facts-title'>Innovation in Family-Owned Businesses</h3><p class='facts-content'>Despite misconceptions, family-owned firms are innovation-oriented. Approximately 40% of the most innovative companies in the U.S. are family firms.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>4</p></div><div class='facts-core-content'><h3 class='facts-title'>Philanthropy by Family Businesses</h3><p class='facts-content'>Family firms are more likely to be involved in charitable activities than non-family firms. Philanthropy is a way family businesses contribute positively to their communities.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>5</p></div><div class='facts-core-content'><h3 class='facts-title'>Family Businesses have Lower Employee Turnover Rates</h3><p class='facts-content'>Family businesses tend to create a familial environment that leads to lower employee turnover, which can result in cost savings and more experienced workforce.</p></div></div>
National Family Owned & Operated Businesses Day is celebrated on June 23 every year. In 2024, this day falls on a Sunday.
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