Interrelatedness of family and small business

Abstract

We present a view that social construct-family- is closely intertwined with the economic construct-small business-. We also demonstrate that the notion of family is deeply entrenched in the thoughts of small business owners. In the extant literature, relationship between family and business has been very well established. However, it lacked to demonstrate the process of interrelatedness as understood and internalized by the business owners. By exploring stories of present small business owners in form of narratives, we have established the process though which family and business are perceived to be closely interlinked.