family business
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family business
A company that is majority-owned by one or more families and in which the family has significant influence over management. Leadership is often passed down through generations.
Die kleine Brauerei ist ein Familienunternehmen in der fünften Generation.
The small brewery is a fifth-generation family business.
This word is made up of 'Familie' (family), which becomes 'Familien-', and 'Unternehmen' (company/business). The 'n' is a linking element. So it describes a business that belongs to a family and is run by them.
Viele bekannte deutsche Marken sind in Wahrheit Familienunternehmen.
Many well-known German brands are actually family businesses.
Typical verbs are 'führen' (to run), 'leiten' (to manage), or 'übernehmen' (to take over). Tradition is also often emphasized, for example with the phrase 'in der dritten Generation' (in the third generation).
Sie wird das Familienunternehmen ihrer Eltern nächstes Jahr übernehmen.
She will take over her parents' family business next year.
In Germany, family businesses are very economically significant and are often known for their high quality and long tradition. The term has very positive connotations and stands for stability.
Der deutsche Mittelstand besteht zu einem großen Teil aus erfolgreichen Familienunternehmen.
The German Mittelstand consists largely of successful family businesses.
family business
Familienunternehmen and Familienbetrieb can both refer to a business owned and run by a family. Familienbetrieb tends to emphasize the specific, often smaller day-to-day operation, while Familienunternehmen highlights the ownership and influence structure and can also refer to a larger company. Choose between them based on this emphasis.
Das Familienunternehmen beschäftigt viele Menschen und wird seit drei Generationen von derselben Familie geleitet.
The family business employs many people and has been run by the same family for three generations.
Der Familienbetrieb beschäftigt wenige Menschen, und die Familie arbeitet täglich selbst im Geschäft mit.
The family business employs only a few people, and the family members work in the shop themselves every day.
