Family owned and operated businesses are the backbone of the economy, not just in Central Pennsylvania, but around the country. Family businesses face unique challenges in every phase of their development from start-up to changes in ownership. McKonly & Asbury is proud to work with some of the region’s most successful family–owned businesses. We offer them specialized advice and support, drawing from decades of experience in helping families reach their goals.
Statistically, only one-third of family businesses will survive to the next generation; only 10 percent will last beyond that. Family businesses in the United States provide 65 percent of all wages, 50 percent of the gross domestic product and involve 10-12 million companies. Family businesses possess ingredients for tremendous success—common purpose, shared values and a tolerance for risk. We are proud to assist family businesses in learning to set and achieve objectives that provide a firm foundation for success long into the future.
We proudly sponsor the Elizabethtown College Family Business Center www.centerforfamilybusiness.org, a vital resource in helping to educate family business owners and successive generations in running a better business.