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Friday, August 19, 2011

Chinatown Residents Struggle to Keep Mom-and-Pop Businesses in the Family

Chinatown Residents Struggle to Keep Mom-and-Pop Businesses in the Family - New American Media

The challenge is the kids are getting professional degrees such as accounting, engineering, computer science, etc. and have little interest in running the family business.  I have heard stories where the students graduate, can't find a job, and then have to work for the family business.  It's hard for a child to work for their parent, especially in the teenage years where independence is being established.

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