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It's true you can't choose your family... but you can choose the Centre for Family Business and Regional Prosperity.

NowNS: Family firms try to reduce succession related risk

Specialist education, research and outreach are helping Atlantic Canada's family firms

From farms and franchises to big box retailers, family-owned or operated businesses employ approximately half of Canada’s workforce. Yet from sibling squabbles to poor succession planning, this type of enterprise tends to face a specific set of challenges – challenges our Centre for Family Business and Regional Prosperity is helping to manage, moderate and mitigate.   

Read the full story in the special report by the Chronicle Herald.

What is Family Business?

Researchers have made many attempts to define what is meant by “family business” and there has been considerable debate about whether to use the term “family business” or “business family”. With over 65 academic definitions of family business, there is no question family business comes in many forms and the Centre can be a resource for all of them.