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Even in the U.S. were of medium-sized job - now suffer from the farms, often in family hands, with the large corporations.

WalMart, the world's largest retailer is also in family hands. "Founding families to maintain control over their company only reluctantly," says Barbara Spector, editor in chief of the magazine Family Business Magazine. (Photo: Reuters)

In the early modern Constantinople, the alchemist Avedis a foundation for jazz music. 1623 he discovered an alloy of copper, tin and silver, from which sounded very good pool to produce. The strong Scheppers amused the sultan and brought to the alchemist's name Zildjian a son of the blacksmith Beck. Avedis' descendants emigrated to America, and from the forge Beck was one of the leading drum manufacturers. No other family businesses in the U.S. has a history as long as zurückblicken as the Avedis Zildjian Company. They even survived the Great Depression. Such experiences are valuable these days, as jobs in the U.S. at a speed lost by the country since the 1930s has not experienced.

The job engine of America

If groups such as the DIY chain Home Depot and machinery manufacturers such as Caterpillar day tens of thousands of bodies out in the headlines is hardly room for the fate of family businesses.
It has what the kids play, serious consequences for the entire economy. Family businesses were in the last decade of the job engine of America. SMEs have created 60 to 80 percent of all jobs. But now the recession keeps a grip on the country. Baubetriebe make dense, restaurants cheer their dishwasher, and inventors will find no capital to make their ideas a reality.

Especially Dramatisch, the situation in the auto sector. General Motors, Ford and Chrysler fight for survival, the suppliers break contracts away. "Family businesses have the biggest problems. They are often heavily dependent on few customers," says Emilio Brahms, researchers at the Center of Automotive Research in Detroit. There are 2500 suppliers in the U.S., many are family-owned and 40 to 50 percent are in financial distress from Detroit spreading the crisis throughout the country. Anywhere in the U.S. dam to the parking lots of car dealerships, the unsold new cars. Thousands of traders are faced with the Off. The industry is threatening the same fate as the American textile industry. Also it was considered a pillar of the economy to cheap imports from Asia, many family businesses into bankruptcy too.


Breaks are an essential characteristic of capitalism, but rarely were they so abruptly as last.
Natürlich the crisis also offers opportunities. Family farms with their own capital to the needs of their competitors, to expand. Takeovers are as favorable as long - and the growth is almost limitless.
Big Picture

When you click on that graphic, you see the 20 largest family-owned company in the United States. (Graphic: SZ)

Among America's family farms are numerous large companies. The world's largest retailer Wal-Mart, for instance, or the Bechtel Infrastructure Corporation. "Founding families to maintain control over their company only reluctantly," says Barbara Spector, editor in chief of Family Business magazine. Ironically, in America, where the shareholder value principle invented and the interest of the shareholders for decades about everything has been made, refuse, successful corporations to the dictates of the exchanges. The reason is the impatience, theto conquer the capital markets, says Spector. "Families want their profits rather in their own companies to invest, rather than dividends. D
Added on 2009-06-21 12:43:02 . ID: 10

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