Question

Family business always interested to handover the change of his business to:​

Answer 1

$\huge \color{purple}\underbrace{HEY}$

$\huge \color{green} \boxed{\colorbox{lightgreen}{ANSWER :)}}$ Family business always interested to handover the change of his business to: Indian Administration Officers.

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Answer 2

Answer:

Family business always interested to handover the change of his business to: Next Generation.

Explanation:

• Family business generally revolves around the fund given by the family members.
• These family business mostly includes employment among the family members and relatives.
• Generally a family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals.
• Family-owned businesses are the backbone of the American economy.
• There are several major tax advantages to a family business.
• Families can hire their minor children and pay deductible wages.
• Neither the business nor the minor children have to pay either Social Security and Medicare ( FICA ) taxes or federal ( FUTA ) and state unemployment taxes if the child is under 18.
• Family business are the most successful ones.

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