Blog
Family businesses score some wins and some losses in 2022
Family businesses are the bedrock of our state’s economy. The state’s 1.4 million family businesses employ 7 million Californians. Nationally, they generate 57% of the GDP, employ 63% of the workforce, and create 75% of all new jobs. At the same time, family...
Public Policy Goals for 2023
At the 10th annual Meeting of Members, the Family Business Association of California adopted the following public policy goals for 2023. State tax issues - FBA will remain diligent in the debate to maintain fair and equitable business and personal taxes in California:...
FBA member promotes New California Coalition
Mike Betts is the chairman and CEO of one of FBA's oldest members --- the Betts Company, a sixth-generation family-owned manufacturer and supplier of springs and heavy-duty truck parts in Fresno, founded in 1868. At the 10th Annual FBA Meeting of Members on November...
Newsom vetoes FBA’s family business definition bill
We are deeply disappointed by the Governor’s veto of our sponsored bill, AB 2611 (Daly). The legislation would have created a definition of a family business in state law. As we may be the only organization working to keep family businesses in California, we thought...
Friedman Family LLP joins FBA
We have a new member, Friedman Family, LLP. The company was founded by Morton Friedman, who was a prominent Sacramento-area attorney, in 1962. Second generation Mark Friedman now runs the company and has developed many high-quality projects under the name Fulcrum...
Downs Energy joins FBA
FBA is pleased to announce that Downs Energy has become the newest family business to join our 10-year-old association. The company was founded in 1940 by Elvin Downs as Downs Oil and has evolved into a commercial fuel marketer serving Southern California. Now in its...
FBA’s bill to define a family business clears Assembly
AB 2611, FBA's sponsored bill to define a California-based family-owned business was approved by the Assembly Monday on a vote of 71-0 and referred to the Senate for further action. The bill is needed to create a standard definition of what a family business is....
Assembly committee approves FBA’s bill to define a family business
Great news! The Assembly Business and Professions Committee on April 5 unanimously passed AB 2611, FBA's sponsored bill to create in statute a definition of a family-owned business. A uniform clear definition will provide many benefits, including that it would provide...
Two Southern California companies join FBA
FBA is pleased to announce that two new companies have joined California's only organization working exclusively to promote family-owned businesses. ISYS Solutions, Inc. provides onsite medical case, rush medical case, catastrophic medical case, and telephonic medical...
FBA opposes workers’ comp changes
FBA has joined a coalition opposing SB 1127 (Atkins), which fundamentally alters longstanding rules and timeframes for determining eligibility for workers’ compensation claims and, as drafted, would dramatically increase systemic friction and litigation. SB 1127...
What is a family business? FBA’s bill will answer the question
By FBA Legislative Advocate Dennis Albiani The Family Business Association of California is committed to helping our state’s 1.4 million family-owned businesses survive and prosper. To do this more effectively, a common agreement and understanding of what constitutes...
Declining Performance Indicator Must Be a Wakeup Call for Politicians
The ongoing debate about businesses moving out of California rages on, with business groups pointing to the number of headquarters moving out of California and many of our politicians pointing to California’s rank as the fifth-largest economy in the world with tech...