Family Business Management now Available to all Juniors, Seniors St. Thomas Newsroom March 29, 2012 Is working in a family business in your future? Family Business Management (ENTR349) is now available to all juniors and seniors. Many students will own, work for, or advise family businesses. Research shows that: 80 percent of the U.S. workforce is employed in family businesses 60 pecent of publicly traded companies are controlled by families 5.5 million firms in the United States are family businesses Section 1 For any student, ENTR349, Section 1 increases preparation and marketability to own, advise or start a family business. If your parents own a business, you will likely become an owner. This class helps you understand responsibilities of owners. Accountants, financial providers, lawyers and counselors (e.g., psychology, sociology, religion, etc.) often become principle advisers to business-owning families. This class helps you give informed counsel and advice. If you start your own business, there is high likelihood that other family members will be involved. Know what to expect and how to govern family-business interaction Section 2 For students who plan to work in their family’s business, ENTR349, Section 2 enables family members to participate and join you in the class to work on projects related to your family business. For more information contact Ritch Sorenson, (651) 962-4252.