Family Owned Businesses

How They Manage To Thrive?

India has age old tradition and glorious history of family owned businesses. Infact, Indian Family owned businesses practice had flourished throughout different era’s, but slowly and gradually changing its nature and structure over the period. During the early days, barter of commodities in exchange of commodities / services, trading and money lending was done in bazaars through shops, madies (markets), owned and confined to a few communities across India regions, perceived to be money minded. They were also called Seth’s or Sahukaars (the rich). Certain community specialised in trade activities and known since ages to be super perfect in business were Baniyas / Marwaries and they are found in nearly every business across the length and breadth of Indian Territory.