More than two-thirds of micro-business owners (68 percent) say it is important to have family involved in their company, according to a recent member poll conducted by the National Association for the Self-Employed (NASE). 

The study revealed that nearly three out of every five owners rely on family to help run their business. Most often, respondents received help from members of their immediate family. Forty-one percent depend on their spouses to help keep operations running smoothly. Children were next in line to help — over sixteen percent chip in on the family business. After that, parents were the next most likely family members to get involved.

 "Family members are often the ones who watch a business go from birth to inception," says Kristie Darien, NASE executive director of the legislative office. "If they're not working there on a day-to-day basis, they're hearing about it and talking about it whenever families gather to eat a meal, celebrate holidays, and so on."

 After thinking about the future of their company, many micro-business owners could not think of anyone who knew their companies better. When asked about long-term plans, almost a quarter (23 percent) planned to pass their business down to a child or other family member. HBM

Source: www.nase.org