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We spoke with three families who told us what it really takes to inherit and keep a family business alive. They run a decades-old Chicago barbecue sauce brand, a Greek bakery, and one of the last fabric-flower businesses in New York.

(Sponsored by Edward Jones)

For more than four decades, Hooters has been one of America's most recognizable restaurant chains, famous for its wings, "delightfully tacky" atmosphere, and all-female waitstaff. By the mid-2000s, the chain had its own airline, casino, and calendar, and it operated hundreds of locations around the world.