About the Family Business Association of California

The Family Business Association [FBA] represents California’s family businesses at the Legislature, to the regulatory community, and in the courts. FBA is a not-for-profit California corporation organized under section 501(c)(6) of the Internal Revenue Code.

Join FBA

Why we need FBA

California’s 1.4 million family businesses employ 7 million Californians.

Nationally, family businesses:

%

Generate 57% of the nation’s GDP

%

Employ 63% of the workforce

%

Create 75% of all new jobs

Studies Show Family Businesses:

Generate higher returns for their shareholders
Invest more in their employees’ training and benefits
Are more likely to promote women to executive management
Are less likely to lay off workers in tough economic times
Engage in higher levels of philanthropic giving
Donate more to local causes
Have better records of environmental stewardship

Our Mission:

- Provide an incentive for family businesses to create jobs and invest in California
- Propose initiatives for change
- Defend against hostile, unfavorable legislation and regulations
- Take legal action to protect family businesses
- Communicate to members, the public and public policy makers all aspects and benefits of family business

FBA Defines a Family Business as Follows:

- - Ownership control of a privately held enterprise by members of a family or partnership of families
  - Strategic influence by family members on the management of the firm, whether by being active in management, by continuing to shape the culture and/or by serving as board members or advisors
  - The desire for continuity and succession across generations