Viability Of Family Business In Egypt

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Viability Of Family Business In Egypt

According to international reports, 90% of the companies in the Middle East are family companies that contribute 80% of the national income and constitute about 75% of the private sector’s activity and employ 70% of the labor force. However, family businesses in the Middle East and Egypt are companies In all countries of the world agree that the continuation and development is confined to the life of the founder as the start of opportunities to continue and performance rates decrease with the next generations of the family, where international data indicate that out of every 100 businessmen, there are 30…

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