Family-owned businesses, FOBs, have been around for eons, even featuring in the Bible, starting with the business activities of Abel, who took care of the flocks, and Cain, who tilled the soil, as stated in the fourth chapter of Genesis.
Over time, FOBs have experienced tremendous growth and transformation to now form approximately 80 per cent of all businesses worldwide, and is a point of reference as a bastion of sustained resistance against harsh economic conditions.
FOBs are r
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