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A survey of Central Ohio family businesses, conducted by the Conway Center for Family Business, revealed that nearly two in three (65.5%) plan to increase hiring in 2014. However, a scarcity of qualified candidates and implications of health care reform continue to be significant challenges to their businesses, according to J. Richard Emens, executive director.

In the rush of day-to-day work and decisions, family business owners sometimes forget that their business is an investment — something they need to nurture and grow to ensure their future and the longevity of the business. Typically, 60-80 percent of a business owner’s wealth is tied up in the value of the business, making

We have asked this before — Why not have Oscars for family business? Every year we look forward to the Oscars. What movie will win this year? Who will be the best actor, best director, etc.? We wait until the night of the Oscars and throughout the evening. Finally, the winners are announced! But in

Most of us know how to keep healthy but find it difficult to get from “knowing” to “doing”. The Women in Family Business Peer Group recently discussed how to stop that disconnect.

Ohio Dominican University (ODU) is excited to announce the creation of The Conway Endowed Family Business Scholarship Fund to support and encourage growth and succession of family businesses in Central Ohio.

In family-owned business, we often think of the highest ranking or oldest women as the CEO. Actually, I mean the cEo – chief Emotional officer. She nurtures family beliefs, calms sibling or familial rivalry, and sets the tone for family members interacting within the business.

Monthly Message — February 2014 Be Prepared: Critical Family Business Discussions for Life Changing Events February 20, 7:30-9:00 a.m. Ohio Dominican University Community Room in Alumni Hall 1216 Sunbury Road, Columbus, 43219 In every family business there are conversations that you need to have sooner or later. You know, the discussions that you put off

What happens when the leader of the family business becomes ill? Who takes over when the owners of the family business retire? What will happen to the business, employees and family members if the owner dies unexpectedly? During the “Critical Family Business Discussions for Life Changing Events” program presented by the Conway Center for Family

(Editor’s Note: This is the second in a series of columns by family business leaders and advisors with information and ideas about topics unique to family businesses, developed in conjunction with the Conway Center for Family Business. Succession planning is vital to every family business, so we begin our series with this topic.) Family businesses

Monthly Message — January 2014 Top Ten Reasons Family Businesses Succeed January 16 – 7:30-9:00 a.m. Ohio Dominican University – Alumni Hall 1216 Sunbury Road, Columbus, 43219 It has been said that if you “fail to plan then you are planning to fail”. That is especially true for family businesses, and can have dire consequences