family business

Relatives running together

A family business is a company owned and operated by members of the same family, often across multiple generations.

The term implies both continuity and informality—decisions may happen around the dinner table rather than in boardrooms.

She joined the family business after college.

Family business can also refer euphemistically to private matters or, in crime contexts, organized crime operations run by blood relatives.

legacy

dynasty

Successive family rulers

bloodline · generations · patriarch · matriarch · descendants · forebears · progenitor · scion · genealogy · clan

tradition

heritage

Inherited cultural legacy

  • customsTraditional practices or import taxes
  • valuesPrinciples held worthwhile
  • heirloomsObjects passed through family lines

time-honored · continuity · nostalgia · generations · homestead · rituals · culture · stewardship · preservation · craftsmanship

artisanal

mom-and-pop

Small owner-operated enterprise

handcrafted · craftsmanship · bespoke · custom · homemade · shop · microenterprise · independent · self-employed · storefront

enterprise

firm

Solid or resolute

franchise · partnership · proprietorship · SME · conglomerate · subsidiary · holding · venture · entrepreneurship · management

inheritance

succession

Following in order

will · testament · probate · beneficiary · executor · trust · birthright · primogeniture · transfer · handover

kinship

nepotism

Preferring kin in hiring

relatives · filial · parentage · sons · daughters · brothers · sisters · spouses · uncle · aunt

Categories
Opposites
ownership structure

family businesspublic corporation

Government-owned commercial entity

public company · multinational corporation · government agency · cooperative · listed company

scale and formality

family businessmultinational corporation

Business operating in many countries

global enterprise · faceless corporation

succession and continuity

family businessstartup

New business enterprise

meritocracy · corporate hierarchy

Family

family, business, businessman, unfamiliar, familiarity, families, familial, businesslike, businesses

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Positive · Everyday, not technical · Rated G