One reason for the favorable view of family businesses is that they are perceived to be long-term contributors to local communities. At BFF we know many enterprising families where such a perception is 100% accurate!
Here’s a summary of our video with the Hubert family, owners of Hubert's Family Outfitters, a second-generation retailer in New Hampshire, USA:
We are committed to the communities we live in…
…and whether it is sponsoring little league teams or helping out with schools, we try to do the right thing for the town.
It is important to be philanthropic because, you know, that is how these towns were all built.
You are not going to have a good business if you don’t have a healthy community.
Sometimes it does require extra work. It is not always the easiest thing to do but we feel it is key.
I think if you look at most family businesses there is accountability about what we are leaving and our role in this community and this society.
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