The Halloween industry represents over $8 billion in retail sales, according to CNN. Greater than 70% of adults are expected to participate in this fabulously imaginative holiday. Haunted houses will pop up in old buildings and farms will be transformed to ghoulish fields. Horror films will flood the theatres and might be your personal choice […]
Halloween Chemistry Read More »
In a recent session of the Women in Family Business Peer Group at the Conway Center for Family Business, we discussed the following five key characteristics of a family business leader and the components of each: Commitment Immerse yourself in the business Understand the business Sacrifice personal pleasures when needed to benefit the business Show
Bea’s Blog: Exemplary Leadership in Family Business Read More »
Each year, our Economic Outlook survey reflects the challenges that family business leaders have in finding and hiring qualified employees. Conway Center service provider Mike Devine of Devine Consulting addresses this issue in a blog post, The Difficulties of Hiring for a Family Business: When one looks at the hiring data, new hires fail 89%
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Family business owners are notoriously bad when it comes to estate planning. Too many demands and busy seasons are often cited as reasons to put it off, but as much as we don’t want to think about our own mortality or the painful loss of loved ones, there are numerous advantages to advanced planning. A
Bea’s Blog: Planning for Loss and Establishing your Family Business Legacy Read More »
Procrastination – to put off INTENTIONALLY the doing of something that should be done. We’re all guilty of this form of avoidance behavior, often giving in to feeling good now by delaying the task to do later. Family business owners often procrastinate when it comes to planning their estate, but doing so can be a
Bea’s Blog: Procrastination and the 3-C’s Read More »
At a recent Women in Family Business Peer Group at the Conway Center for Family Business, we discussed how important it is for women in family owned businesses to know how to read financial statements. There is no way for a woman to take over leadership if she shies away from the financial side of
Bea’s Blog: How to Read Financial Statements Read More »
Our family business and service provider members are in the news and busy making Central Ohio an even better place to live, work, and play! Member Events First Merchants Bank You are invited to join us for the 8th annual Recycle-O-Rama event happening Friday, April 21. Need to do some spring cleaning? Don’t throw anything
April Member Events & News! Read More »
Creating a trust is an essential component in your estate planning, but boilerplate trusts can often derail or negate the personal goals of your trust. Boilerplate trusts use form language and lack individual thought. They are not personal to you. They are often obtained from the Internet or from software used by many Ohio lawyers
Bea’s Blog: The Importance of Trusts – Not Boilerplate! Read More »
We touched on wealth transfer at our last monthly meeting and now we’re going to take a closer look. Join Meredith Sugar of Taft/ Law on April 14th as she covers: Real Estate Transfers Insurance needs, including key employee Philanthropy Equity for family members who don’t work in the company Trusts and more… This one-hour,
A Closer Look: Wealth Transfer Read More »
Potential Phone and Phishing Scams From Conway Center Service Provider Gryphon Financial Partners As we are in tax season, we thought a good time to remind you to be aware of potential IRS phone and phishing scams. One of our employees recently received a phone call from someone claiming to be from the IRS,
Its Tax Time: Potential Phone and Phishing Scams Read More »
