This has been a great decade for the textile services industry. Our rate of modernization has been impressive, as have the gains we have made in productivity and efficiency. Sales are growing at phenomenal rates, too. All of this puts our industry in a great position for the future. But because our industry is still based on the hard work and success of its family businesses, the question of succession planning among these firms is a critical strategic issue.
 
The importance of family businesses to the textile services industry cannot be underestimated. Family businesses built this industry ...