Buy-sell agreements are critical documents that help facilitate the successful transfer of ownership in a family business; however, the valuation-related language in buy-sell agreements is often the source of confusion, dispute, and unfair outcomes. Join us as we present several case studies involving the valuation elements of buy-sell agreements, dissecting the problems to avoid and the essential elements to include in the drafting and administration of your buy-sell agreements. Key takeaways will include: - The importance of the valuation language and process contained within buy-sell agreements; - The problems with formula-based buy-sell agreements; - Critical valuation elements that should be addressed in agreements; - Potential areas for concern with certain valuation language common in agreements; - Best practices and recommendations for a successful buy-sell agreement. ... read more

Let’s address total compensation and discuss ways to weave in creative leave strategies as a benefit to attract and retain employees. The term ''leave'' covers any paid or unpaid time off you may want to offer your employees. We’ll discuss various leave options available to Ohio employees and have candid conversations on their impact to your business. We’ll also discuss what you should put in writing regarding leaves to reserve your rights as an employer and set up employee expectations. This discussion will also include the good, bad, and ugly about “unlimited” leaves! ... read more

Prioritizing Mental Health: Coping with the Pressures of Family Dynamics - Running a business is hard. Adding family dynamics to the mix makes it that much more challenging ? and rewarding. Our panelists will discuss ways in which they help themselves and their employees cope with the added pressures of mixing family and business. From EAPs to mental-health days, panelists will share best practices on creating a culture that prioritizes the well-being of all members of a family-owned business. ... read more