NextGen at Loyola


Family-owned businesses face high hurdles, according to the Small Business Administration:

  • Only 33% survive the transition from first to second generation.
  • Of that 33%, only 12% stay viable into the third generation.
  • Of that 12%, only 3% continue into the fourth generation and beyond.

Since nearly 70% of NSRA members have family members in their business, NSRA created "NSRA's Next Generation of Leadership" initiative to improve the odds. Upcoming generations of business leaders work with the Family Business Center at Loyola University of Chicago, learning how to help the family business remain successful beyond the current generation -- and keep the independent sector strong and prosperous.

To view a brochure detailing the program, click here.
To download a printable application, click here.

NextGen Members:
Join the Facebook Group