Monthly Message — November 2014Shedding the Ties that Bind: Coping with Founders Who Can’t Let GoNovember 20 – 7:30-9:00 a.m.Community Room in Alumni HallOhio Dominican University1216 Sunbury Road, Columbus, 43219
Mike Crotty, president of Spirit Services Company, found himself in a situation that no family business leader wants to face – making the hard choice between keeping a family member in the business and making sure the business has a solid future. During our November educational program, Mike will share the history of Spirit Services, how he found himself at a critical crossroad for the future of his family’s business, how he handled the situation, and what he’s learned along the way. This presentation will be full of valuable insight for founders and next gens alike. Mike is the fourth-generation owner of Spirit Services Company and strives to grow his family business through innovation, integrity and dedication at the highest levels. Spirit Services, formerly the VanDyne Crotty Company, was founded in 1934. The company provides uniform and textile rental, facility services and supplies, personal protection equipment (PPE) and promotional products throughout a four-state region. RSVP to Heather Howell at Admin@FamilyBusinessCenter.com or 614-253-4820. The program is free for Conway Center members and $35 for non-members. Family business leaders attending for the first time may attend as our guest. 2015 Next Gen Peer GroupInformational MeetingDecember 2 – Noon – 1:00 p.m.Griffin Student Center, Rm. 276Ohio Dominican University1216 Sunbury Road, Columbus, 43219Are you an up-and-coming leader of a family-owned business who will be assuming a greater leadership role in your family’s company or someone who will have that opportunity in the future? If so, you should consider joining the 2015 Next Generation Leaders Peer Group led by organizational psychologist Dr. Thaddeus O’Brien, of O’Brien & Associates. Dr. O’Brien moderates the group in a roundtable format that gives members insight into the issues and challenges that affect next-generation leaders through guided sessions and peer-to-peer input. Participants also learn to evaluate their own strengths and weaknesses at a time when they are preparing for expanded responsibilities. Join us to learn more about this valuable peer group! RSVP to Jill Hofmans,Coordinator@FamilyBusinessCenter.com or 614-253-4820. Roundtable:Work Smart! Strategies to Organize Your Day and Maximize Your ProductivityDecember 4 – 8:00-9:00 a.m.Griffin Student Center, Rm. 274Ohio Dominican University1216 Sunbury Rd., Columbus, OH 43219Understanding and controlling where you spend your time is critical to streamlining how your business is running day to day. Empowering your team to simplify then standardize their actions and tasks is an initial critical step to taking control of your own schedule so you can drive proactive improvements and strategically grow your family business. Eric Collet, managing partner at Definity Partners, a Conway Center Service Provider, will introduce the Run, Improve, Grow methodology as he empowers you during this session. RSVP to Heather Howell at Admin@FamilyBusinessCenter.com or 614-253-4820. The program is free for Conway Center members and $35 for non-members. Family business leaders attending for the first time may attend as our guest. Strategic Planning:Re-Invention and Diversification Strategies for Your Family BusinessDecember 18 – 7:30-9:00 a.m.Alumni Hall at Ohio Dominican University1216 Sunbury Rd., Columbus, OH 43219What can you do if your family business “hits the ceiling” and stops growing? What if changes in your industry mean you have to re-invent your business to survive? How do you get everyone in your business aligned with a new vision? Over the last five years, many family businesses have faced these challenges…and come out on top! Learn about a business system and real, simple, practical tools that help you get what you want from your business in an interactive session with Alex Freytag, co-founder of ProfitWorks, and Ted Coons, President of Spillman Company, a family-owned business. RSVP to Heather Howell at Admin@FamilyBusinessCenter.com or 614-253-4820. The program is free for Conway Center members and $35 for non-members. Family business leaders attending for the first time may attend as our guest. 2014 Family Business ExpoA big THANK YOU to all of the exhibiting companies at our Family Business Expo – many of our family business and service provider members participated and we appreciate your time, energy, and support of the Conway Center. We are already looking forward to next year! Participants included: ALNI, Artina Promotional Products, Avison Young, Business First, Cashmans Horse Equipment, Champion Real Estate Services, Commerce National Bank, Corporate Interior Concepts, DaNite Sign Company, Definity Partners, EasyIT, Emens & Wolper Law Firm, Findley Davies, Inc., FirstMerit Bank, FocusCFO, GBQ Partners, GREENCREST, Heiberger Paving, HW&Co., Hylant, Inn and Spa at Cedar Falls, Integrated Leadership Systems, Jendco Safety Supply, Katzinger’s Delicatessen, KeyBank, Kimball Midwest, Luebbe Hearing Services, Medical Repair, Inc./EM Innovations, Merrill Lynch/Bank of America, Mid-Ohio Strategic Technologies, Murray Associates, Norman, Jones, Enlow & Co., Ohio Dominican University, OhioHealth, Ohio Mobile Shredding, Park National Bank, Plante Moran,ProForma Graphic Impressions 2 LLC, Rea & Associates, Inc., RevLocal, RICOP Construction Company, Rider + Reinke Financial Group, Sequent, Inc., Sound Communications, Inc., Spirit Services, Taft Stettinius & Hollister LLP, and Velvet Ice Cream. Directors’ InsightCongratulations to the 2014 Conway Center Family Business Awards Recipients! Along with a record number of 500 attendees and 50 exhibitors, we enjoyed showcasing and celebrating the accomplishments of these family businesses and supporters in their respective categories: Family Business of the Year:Velvet Ice Cream Company, Inc. – 100 years old! Lifetime Achievement:Farah Majidzadeh, Resource International, Inc. Communication:Champion Real Estate Services Community Engagement:Luebbe Hearing Services Milestone Achievements:timeless skin solutions – 10 years Re-Invention:ABC Home Services Succession Planning/Implementation:Diehl-Whittaker Funeral Service, Inc. Support of Family Business:GREENCREST Director’s Award – Support of the Conway Center and Family Businesses:Darci Congrove, GBQ Partners Thank you to our Awards Sponsors: Business First, Commerce National Bank, Definity Partners, Fathom, Gryphon Financial Partners, Rider + Reinke Financial Group, and Taft/. We couldn’t do this event without your support! We also appreciate Capitol Citicom for printing our signs, banners, schedules and programs; Sugardaddy’s Sumptuous Sweeties and Velvet Ice Cream for our delicious dessert; and Artina Promotional Products for sponsoring our trophies. Do you know of a family business that should be recognized in 2015? Maybe even your own? Nominations are accepted online all year long. Just click here to nominate an outstanding family business! Dick and Deana Conway Center Peer GroupsTo sign up for any of our peer group meetings or to learn more about peer group opportunities contact Executive Coordinator, Jill Hofmans, at Coordinator@FamilyBusinessCenter.com or visit www.FamilyBusinessCenter.com for a full schedule of Peer Group programs. Business Development Peer Group Succession Planning Peer Group Leadership Development Next Generation Leaders 2015 Orientation Online Strategy Peer Group Women’s Peer Group Next Gen Peer Group CEO Peer Group Member EventYear-End Tax Planning WebinarOn Monday, November 17, from 2-3 p.m. EST, Plante Moran’s tax specialists will count down the top year-end tax strategies for 2014 and beyond. From healthcare reform and fixed asset planning to opportunities for employee compensation and uncertain tax positions, they have something for everyone. They’ll even cover hot state and local tax issues and identity theft security. It’s must-see web TV! Register today. Ohio Career Exploration Internship ProgramYour business can help a high school student find a career and can be reimbursed for 50 percent of an intern’s salary, up to $5,000! The Ohio Career Exploration Internship Program helps high school students explore potential careers and gain valuable work experience in a professional environment. Through an internship of at least 20 weeks and 200 hours of on-the-job training, students have the opportunity to explore all aspects of a profession and gain better understanding of the skills, training, and education needed to enter a career. Click here for details. Welcome New MembersAsset Strategy Group, LLC Asset Strategies Group, LLC, is a real estate service provider specializing in helping retailers improve real estate performance and return on investment. Their services include strategy, leasing, store design and construction, lease administration, rent accounting, and technology consulting. Their 42 employees, 35 of whom are located in Central Ohio, have helped over 70 specialty retailers reduce their real estate costs, streamline business operations, and better manage their real estate portfolio. ASG was founded in 2002 by Steve Morris, whose son Adam Morris also works for the company. Holmes Management LLC Founder and President, Glen E. Holmes, established Holmes Management LLC in 1984. Operating out of Grove City, Ohio, Holmes Management is a full-service comprehensive financial consulting and investment management firm. Glen and his daughter, Danielle Holmes – who serves as the firm’s Professional Asset Manager – provide individual and corporate clientele with expert advice in a variety of areas. Holmes Management offers individualized counsel in financial planning, investment asset management, tax planning, retirement, business continuity, and estate planning. Welcome New Service ProviderHolbrook & Manter, CPAs The Business Services and Support Team(BSST) at Holbrook & Manter specializes in assisting family businesses by providing in-house accounting staffing. Founded in 1919 by E.W. Wood, the firm serves clients throughout central Ohio. H&M provides a variety of services, including compilation and review services, financial statement preparation, in-house accounting functions, payroll services, bank and credit card reconciliation, and management reporting. Their clients can use the full array of services or work with H&M to customize the best plan for their a la carte needs. Stephen Smith and Brian Ravencraft are principals with the firm who lead the firm’s practice area. Member NewsBest of Business 2014: Physical Spaces Flyers Pizza & Subs Ranked #10! Katzinger’s Deli Marks 30th Year, Looks To Future Ohio-Made Model Lifts Honda, Acura Sales Spotlight: Darin Cooper, Sound Communications Inc. CFO Says Communication, Planning Critical to White Castle’s Longevity Interesting ReadingSix Secrets of Family Business Success Family Firms – Business In The Blood The Common Problems – And Solutions – Eating At Family Firms The Perils Of The Family Business Why Have a Business Valued? Lessons From a Family Business That Thrives In the Heartland Family Business Advisory Board: Stabilizing Force Why Family Businesses Should Play By Some Rules 3 Tips For Dealing With Millennials In Family Businesses Lessons From a Family Business 5 Generations Strong Inside The Family Business Things to Know Before Putting Your Kids on the Payroll 3 Tips for Running a Business With Your Spouse Without Divorcing or Going Broke |
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Connect With UsContact UsConway Center for Family Business J. Richard Emens Deana Gordon MembershipMembership in the Conway Center for Family Business is open to all family businesses in Central Ohio. For more information on the benefits of membership, visit: familybusinesscenter.com |
