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2023 Annual Family Business Report - Pat Soldano

Each year we reach out to America’s family businesses to get a first-hand reading on what their critical issues are and how policies are affecting their businesses.

 

Through this annual research we focus our initiatives, messages, and calls to our legislative leaders to help family businesses grow and prosper. The Annual Family Enterprise USA Family Business Survey tallied nearly 600 of respondents from 42 states, a record response.

 

In addition, this year marks the first year our teams have worked directly with the new Congressional Family Business Caucus, where we were involved in its formation. The bipartisan Congressional Family Business Caucus participated in three Capitol Hill meetings in 2023 and our Washington, DC team members held hundreds of meetings with Congressional leaders and staff members throughout the year. These efforts provide America’s family businesses with a new and powerful voice on Capitol Hill.

This annual report is designed to provide an overview of both the Annual Family Enterprise USA Family Business Survey results and the Congressional Family Business Caucus, as well as other relevant information. I want to thank everyone on our team, our members, supporters, and donors for their support and encouragement in what has been a very exciting year.

Pat Soldano, President, Family Enterprise USA

We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…

As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.

The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates , possible elimination of valuation discounts, increase in capital gains tax , enactment of a wealth tax , and the continued burden of the gift tax , estate tax and generation skipping tax .


Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC.  Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.


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Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. Family Enterprise USA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of Family Enterprise USA.