Business Valuation - Important Considerations For Your Family Business Getting your arms around business valuation can be complicated. Misinformation, partially informed opinions, and internet calculators can easily lead one down an incorrect – and costly – path. Before you go down a potentially wrong path, let’s clear up a few of the most common myths and misconceptions about business valuations that could undermine your ability as a family business owner to achieve your goals. Join Kelly Noll, a valuation services director at GBQ Partners on February 22 at noon for a fun, fast-paced discussion about the most common valuation myths, including: * EBITDA times a multiple * Selling at the peak * Adding back owners’ compensation * Acquisitions always add value * Asset value + goodwill * And more! ... read more

Every business owner will eventually exit their business but wants to do so on their own terms. Whether it is through the eventual sale or transfer of the business to an outside party, employee, partner, or family member, it is critical to understand the personal and financial ramifications of a succession transition. Isaiah Stidham, Senior Wealth Manager, Business Succession Lead at Budros, Ruhlin & Roe will discuss the many components of exit planning and the importance of planning your exit strategy well before it is time to leave. Join us as we consider life after the business and the personal and financial factors that play into determining a business owner’s readiness. REGISTER now and join us for this live webinar on Tuesday, August 23. You'll have the opportunity to submit questions during the session and view a recording post session. If you can't attend the live session - register anyway and we'll email you the recording. ... read more

HR Roundtable - Let's Talk! It’s been a while since we sat down and just talked about your HR needs. What is going on? What questions do you have? What can we chat about? Come back for the “new season” of HR Roundtable and let’s take some time to talk about you, your organization, and your HR needs. We’ll draw in your peers and capture their feedback and best practices. Sometimes, the best ideas are the people who are in the trenches experiencing what you’re experiencing and searching for the same solutions. Come prepared with questions and examples to share. During this in-person program, Sharon DeLay, President of GO-HR will lead the discussion and provide her expertise of the challenges that face family businesses. Don’t miss this in-person opportunity to dig deep into HR issues, engage with each other and consult with Sharon! ... read more

In an employee’s market it doesn't make sense that employers need to be concerned about unions. Exactly the opposite is true! The workplace is undergoing dramatic changes and unions have greater opportunities to recruit frustrated employees in a political climate that may be more favorable to their goals. During this in-person program, Sharon DeLay, President of GO-HR will facilitate this HR Roundtable discussion on this hot-button issue. Catherine Burgett from Frost Brown Todd will also join us and provide her expertise by walking us through the impact of current and projected NLRB actions including: How the unionization process works Should family businesses really be concerned about union activity? Components of the Protecting the Right to Organize (PRO) Act that may show up in other acts empowering unions. What can/should employers be doing NOW to counter union activity? What should we be watching? What can we do to educate our employees? Don’t miss this opportunity to dig deep into HR issues, engage with each other, and consult with our experts! REGISTER today! Sponsored by Budros, Ruhlin & Roe ... read more

Join family members from Anthony-Thomas Candy Co., the largest family-owned and operated candy company in the midwest. Hear their family business story as well as the risks that the company leadership has taken to ensure the viability of the family business and grow the family business – including investments it has made in marketing. Are you ready to take your family business to the next level? Join Kelly Borth, CEO and Chief Strategy Officer of GREENCREST as she facilitates this quarterly forum to hear first-hand from fellow family business owners on what they are doing to grow their business. It will help you as a business owner or leader gain the insights you need to ignite your family business! ... read more

Staffing shortages, supply chain issues, long hours - if you feel like today's work world is often too much to handle, you're not alone! Join certified health coach and registered dietitian Jenny Pitcher from OhioHealth as she explores the concept of stress and anxiety in the workplace. As part of this interactive webinar, Jenny will talk us through strategies for completing the stress cycle. Learn practices to change the way you think about your stressors and your response to them. Walk away with these tools and strategies to better manage your stress and anxiety - both for you and your family business! REGISTER now and join us for this live webinar on 5/25. You'll have the opportunity to ask Jenny questions during the session and view a recording post session. If you can't attend the live session, register anyway and we will send you the recording. ... read more

Are there conversations that you are not comfortable discussing with your team or family members? Do you ever feel like it's lonely at the top? Join us as we welcome Conway Center members Jessica Anderson, President, Anderson Concrete and her coach Donna Musilli from DM360 to learn how coaching can support your development as a business owner and a leader. Sara Canterbury of Rider + Reinke Financial Group will moderate this discussion. Learn how a coaching relationship focusing on interpersonal and leadership skills, with emphasis on measurable results, can support you to discover your own best answers when faced with business or personal challenges, and how this can have a powerful positive impact in family business. ... read more

How to Engage Non-Family Member Employees An employee of a family-owned business who is a member of the family is tied to the owners in every possible way. Yet, non-family members can provide both skills and perspective that family members may not bring, and thus help grow the business. How does the family business owner align a non-family member employee’s interests to that of the owner? This panel of professionals will discuss how they attract, develop, and retain key non-family member employees. Topics will include the importance of culture, communication, and compensation to align the goals and expectations of the business owners and employees. When successful, the business retains an employee who is as committed to the growth and success of the business as the owners, and the employee feels recognized and compensated for the contributions made to the business. Panelists: Steve Barton - General Manager, Two Men and a Truck Sharon DeLay - President & Owner, GO-HR Holli Houseworth - Office Manager, Cloud Cover Amy Wilcox - COO, Crimson Design Facilitated by Debbie Long of Clark Schaefer Hackett and Greg Daugherty of Porter Wright. Sponsored by GREENCREST ... read more

Justin and Stephanie Clarey, owners of Two Men and a Truck, will discuss their approach to reinvention. They will share how expanding their services not only helped grow their business, but also helped grow their people by providing more opportunity to take on new roles and responsibilities. New services and new roles in their company resulted in more customers, and the ability to grow their business despite the very challenging labor market. ... read more

Stepping into a Giant's Shoes - Growing up in the family business - or even entering at a later date - presents challenges and opportunities for next gens. Join us for an honest discussion of what it's like to step into a leadership role when following a founder/ leading gen with a big personality and a cadre of loyal employees and followers who may still see you as the boss's kid. Panel: Thor Hess from Southeastern Equipment Company, and Katie Hornik Windholtz from Security Plus Insurance. Sponsored by GREENCREST ... read more

Yes is the Answer! What is the Question? Join us for a candid discussion with Cameron Mitchell on all aspects of his ''people first'' culture and philosophy. Moderated by Mike Schoedinger, this will be an enlightening and entertaining deep dive into what makes Cameron Mitchell Restaurants and Premier Events/Catering so popular and successful. Sponsored by GREENCREST ... read more

Google has already stopped updating its Universal Analytics (UA) platform and will be sunsetting it completely in 2023, replacing it is the new Google Analytics 4 (GA4). This is the first major update to analytics in years, and it is a major change. Is your company ready to make the switch? Join Greg Stockmaster, GREENCREST digital marketing manager, as he walks us through what this change means for businesses and how and when to make the switch at your company. You will learn: Why Google is making the switch Key differences between Universal Analytics and Google Analytics 4 The benefits of migrating to GA4 How to make the switch Why you should be migrating to GA4 now! The importance of analytics in digital marketing ... read more

State and local tax issues affect nearly every transaction?day-to-day buying and selling, retiring assets, paying your employees, even adding on to your business or passing it on to the next generation. Start 2022 with an enhanced awareness of SALT issues that could affect your business. You are invited to join Clark Schaefer Hackett?s SALT experts to help you understand: * How SALT issues can thwart efforts to sell your business or leave future generations holding a bag of you-know-what * How work-at-home policies can create cat-herding-like compliance responsibilities * How multiple CATs can create an additional CAT (does not involve birds/bees) * What the heck a ?ghost asset? is and why it?s scary * Which state tax credits you should be aware of * How to get around the Federal SALT cap * How to identify which sales and purchases are taxable ... read more