Dayton Declares November As “Family Business Awareness Month”

Family businesses make up 90 percent of U.S. businesses and 80 percent of the nation’s workforce.

Gov. Mark Dayton officially declared November as “Family Business Awareness Month” throughout Minnesota in a proclamation signed recently.
Dayton noted in the proclamation that family businesses—whether mom-and-pop establishments or Fortune 500 corporations—make up 90 percent of U.S. businesses today. Family-owned businesses also employ 80 percent of the U.S. workforce and represents roughly 49 percent of the U.S. GDP.
Every November, TCB honors family-owned businesses at its Minnesota Family Business Awards, the state’s only program that honors five notable Minnesota companies and examines how they handle the joys and challenges of running a business.
This year’s honorees are profiled here, and include:

Each honoree will be recognized on Tuesday, November 17 at the Hyatt Regency in Minneapolis starting at 5:30 p.m. during TCB’s Minnesota Family Business Awards event.