The Conway Center for Family Business helps family business owners and leaders solve business and family business problems and, when appropriate, with transitioning the family business to the next generation
Monthly educational programs provide valuable information on family business topics presented by family business leaders and experts. Peer Groups give family business leaders the opportunity to discuss key issues with one another in focused groups.
Annually, the Center offers ten educational presentations on family business issues and several Family Business Roundtables that focus on in-depth topics.
Join us for a Conway Center Program or Event!
RESERVATIONS may be made online or by emailing ADotts@FamilyBusinessCenter.com. Conway Center members are encouraged to bring guests to programs and events to introduce Central Ohio family business leaders to the resources provided by the Conway Center. Family business leaders attending for the first time are free. Educational programs and webinars are open to the public for a small fee unless otherwise noted. VIEW the Non Member Guest Policy.
Education
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Thursday Feb 15, 2024
Join us for a candid discussion with Todd Wilson, President of Accelerated Laboratory Logistics. Learn the remarkable story of this 103-year-old company that has evolved from moving household goods to relocating laboratories throughout the United States, weathering the storms of both the Great Depression and Covid.
Now in its 3rd generation of leadership, Todd will share the history, values, succession journey, and hopes for the future. He'll also discuss their plans to open the Columbus Museum of African American History and Culture for the many artifacts they have on display.
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Categories: CCFB Educational Program
Wednesday Feb 21, 2024
Alex Canters love of his family business and desire for change led to creating Ordermark where he raised $100+M and changed the restaurant industry.
Alex Canter loves Canter?s Deli ? the legendary Jewish Deli in Los Angeles that hosted dignitaries including Mick Jagger, Haim, and Guns & Roses. Known as ?Mini Patrón,? or ?El Patrón? which is little boss, Alex started waiting tables at age 13. After college, he returned to Canter?s and introduced POS and other innovations that didn?t always go well with the family members and employees.
In 2015, Canter?s delivery business started to boom as they signed up for GrubHub, DoorDash, UberEATS, Postmates, delivery.com and more. Each company had its own proprietary software so there were nine separate tablets handling to-go orders in the kitchen. From this chaos, a new company was formed.
Alex shares stories ranging from being a family-owned restaurant open 24/7 for the past 50-years to receiving a check for $100+M in venture meeting that lasted 25-minutes.
During Family Business Entrepreneur?s Dream webinar, Alex will discuss everything from growing up in the family business to raising initial capital for the business. Afterwards, there will be a short Q&A session.
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Categories: CCFB Webinar
Thursday Feb 22, 2024
We are in a golden age of tax-free wealth transfers. Gifts up to $13.61 million (or $27.22 million for a married couple) can be made on a tax-free basis. But in less than two years, this is expected to change. The federal estate tax exemption will be cut by more than half and adjusted for inflation on December 31, 2025, the date of its expiration.
Even though it is possible that new tax laws will be passed between now and then, it's best to start thinking ahead and implementing strategic wealth transfer plans now for your family business. Our discussion will include explanations and pros/cons of GRATs, SLATs, FLPs, and more!
Bea Wolper of Emens Wolper Jacobs & Jasin and Meredith Sugar of Taft/ will facilitate this discussion, give practical guidance, and answer any questions you may have. Don't miss this opportunity!
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Categories: CCFB Roundtable, Succession Planning
Tuesday Mar 19, 2024
Succession planning can pose many different challenges. Today our panelists will discuss figuring out how the next generation comes up with the proceeds to buy out the leading gen sellers. A cash balance plan can help solve that problem by contributing business revenue to pre-tax cash balance accounts, most of which benefit the leading gen, but to some extent benefiting other employees, too. The liability reduces the value of the business and thus cash and loan proceeds buyers need to come up with. The sellers, while receiving a lower purchase price, make up for that by receiving payments from their cash balance accounts, which also could be rolled over to an IRA. In that way, the cash balance plan benefits the buyers and sellers. We will discuss in more detail how this strategy works and which companies would be good candidates for this strategy.
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Categories: CCFB Webinar
Thursday Mar 21, 2024
Accountability in a family business is critical – without it, issues of favoritism, nepotism, and entitlement creep in and erode the culture. There is much advice out in the world about this, and many different operating systems are designed to conquer it. Our panelists will share how they keep everyone accountable, from the receptionist to the CEO, and why it’s important for their family business to do so.
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Categories: CCFB Educational Program
Wednesday Apr 3, 2024
Validating data sources, using data & technology to your advantage, incorporating multiple sources, and adapting to your organization’s compensation strategy are just a few of the challenges facing companies. Add to that, candidates, employees, managers, job boards, and leaders adjusting to new pay transparency expectations and regulations, and you find compensation rising up the ladder of importance in most businesses.
Join Jim Morgan, Vice President, Business Development & Workforce Strategies at MRA as he reviews MRA’s 2023 Compensation Trends survey results. Jim will share the top comp trends that will help you attract & retain the high-quality talent you need, while navigating the complex compensation environment today.
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Categories: CCFB Webinar
