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What is a family business?

What is a family business? Here are some definitions.

Noun
  1. A business whose owners are all members of the same family.
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Examples
The Kingsdown-based family business is providing the ale at its hostelries across Wiltshire, Gloucestershire, Oxfordshire and Berkshire.
The fourth-generation family business, an unlimited company until three years ago, has been expanding by acquisition.
A driver convicted of drink-driving in a minibus faces the ruin of his family business unless he wins a Crown Court appeal.
William believes that the stability of the family business is dependent on what goes on further down the food chain.
He had inherited a fortune from the family business of making drills for oil exploration, then dominated Hollywood as a film director.
Nineteen years later, he is the general manager and gallery director of the family business.

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