Your current and future employees of your family business are increasingly voicing their expectations that their employers need to demonstrate care. They’re making decisions to join or stay with a company based on the employer’s commitment to a variety of social, environmental, and other issues. Are your employees connected to the core values of your family business? Join us for an interactive discussion about aligning your company core values with your workforce’s values. Improved employee engagement shows in your bottom line through better productivity, less turnover, and longer tenure within your organization. All attending are encouraged to complete the free Life Values Inventory prior to this session, and to bring your results and company values with you. ... read more

In Glassdoor’s 2020 Diversity Hiring Survey, more than 3 out of 4 job seekers and employees (76%) report that a diverse workforce is an important factor when evaluating companies and job offers. If your organization’s benefits offerings are not perceived as inclusive, you may be missing out on talent or failing when it comes to retention. As well as being a part of benefits offerings, inclusive benefits can be a key metric for empowering and establishing an actionable Diversity, Equity and Inclusion strategy. This session will also address trends we are seeing with employers as it relates to culture and wellbeing, and the benefits that companies can offer to help attract and retain top talent including but not limited to: * Mental Wellbeing * Family forming benefits and caregiving support * Financial Wellbeing You're invited to join Gary Abernathy and Nick Bellanca from Marsh McLennan Agency as they: * Define inclusive benefits * Describe the business case for inclusive benefits and rationale behind certain options * Provide examples of inclusive benefits strategies that are relevant today ... read more

A well-drafted and executed buy-sell agreement can go a long way toward ensuring the multigenerational longevity of your family business. It can help to protect the family, the company, and can provide peace of mind about the future for family business owners. Join us in person as we pull back the curtain to dig deep into the details of buy-sell agreements. Discussion will include: • Who should own? Who are “Permitted Transferees?” Who should be? • The 4 D’s (death, disability, d.i.v.o.r.c.e, and dissension) • Calls and Puts • Drag Along and Tag Along • How to determine fair market value if buying out an interest…and values depending on circumstances • What happens if the buy-sell agreement is TOO restrictive? 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! Generously sponsored by Morgan Stanley ... read more

Year-End Tax Update Join the team from Meaden & Moore as they discuss key tax law changes and strategies that will help put your family business on the right track as a new year begins. Their discussion will include: Tax depreciation updates and planning considerations Section 174 (capitalization of R&D costs) update Tax Cuts and Jobs Act (TCJA) expiring provisions over the next few years Ohio’s passthrough entity tax (PTET) Ohio’s new rules for municipal nexus and apportionment related to employees working remotely ... read more

Take a deep dive into the into the challenges faced by non-family executives and the strategies employed to overcome them. The scenarios explored will give participants a platform to share findings, collaborate, and deepen their understanding of the intricacies of blending family and non-family executives in leadership roles. ... read more

Sometimes next gens feel ''trapped'' in their family business. How does this happen? What are their options? Our panelists will answer these questions and more during this deep dive into one of the perils of working in a family-owned businesses. ... read more

Join us for a live webinar with Ryan Yeoman, a Professional EOS Implementer. Ryan will present a series of webinars on using EOS (Entrepreneurial Operating System®) tools to improve meetings and accountability at all levels in your family business. This is the first in a series of three sessions on using EOS tools to improve meetings and accountability at all levels in your family business. In this session, he will go through the Level 10 (L10) meetings: how to structure them, what to include, why they are important, and more! ... read more

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. ... read more

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. ... read more

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. ... read more

Regardless of the economic outlook, how can you position your company to grow? If applicable, learn from the last recession. What worked/didn?t work for your business? Look for opportunities Incorporate Scenario Planning and be mindful of your customer mix Communicate with your stakeholders Regardless of the economic outlook, how can you position your company to grow? If applicable, learn from the last recession. What worked or didn't work for your business? * Look for opportunities * Incorporate Scenario Planning and be mindful of your customer mix * Communicate with your stakeholders * Come hear how these family business leaders remained successful during recessions and other economic downturns. Panelists: Dan Erb, Jones Metal Products Sanjay Patel, A-1 Nursing Care Kathy Warnick, Warnick Consultants Facilitated by Tim Martin, JACO Advisory Group ... read more

Join us for a live webinar with Ryan Yeoman, a Professional EOS Implementer. This is the second* in a series of three sessions on using EOS (Entrepreneurial Operating System®) tools to improve meetings and accountability at all levels in your family business. In this session, Ryan will cover IDS and how to use this tool in L10 meetings. IDS stands for Identify-Discuss-Solve and is a way to help get to and through the issues that matter most. ... read more

Join us as we discuss best practices and the various ways to transfer/manage assets, including: Succession of family cottages and vacation homes; valuable personal property such as jewelry, art, collectibles, and furniture; Cars/boats; Memberships; Keys; Digital Assets; Pets (including horses), and more! Michael Schoedinger from Schoedinger Funeral & Cremation Services will share with us some of the complexities associated with cemetery plots and the steps that should be taken to avert possible disputes or quarrels between family members or the cemetery. Do you think your kids are allowed to be buried in your family plot? Maybe not ... Finally, the importance of health documents, including POA and health directives will be addressed. ... read more

Ever wonder what it’s like for those folks whose name is not on the building and who probably will never sit in the CEO seat? Our panelists will discuss how they navigate family dynamics, what they get out of working at the executive level alongside family members, why they stay, and what they get out of helping lead a family firm. ... read more

There has been a lot of recent activity recently that impacts how you are operating your workplace. You may be hearing that all of these new rules are being challenged, but now is not the time to be complacent. Sharon DeLay, President of GO-HR, will conduct this live webinar covering what you need to know so you can be prepared. ... read more

QuickBooks is one of the most common accounting software programs used by small businesses. We will share tips and trips about the software, gleaned from our experienced consultants who provide outsourced accounting services. The session will allow time for Q&A. The topics covered will illustrate how to optimize efficiency, accuracy, and productivity. We will also cover the basic understanding that non-accountant business owners should have in order to navigate QuickBooks to obtain key financial information. This is the second* in a series of four webinars presented by Kaiser Consulting that will address some financial tools and best practices for your family business. ... read more

Are you curious about EOS? If so, please join us for this special event. You'll hear first-hand from Conway Center CEOs who have implemented EOS into their family business and how it has impacted them. Panelists: Chip Chapman, President, Integrated Building Systems Chris Converse, President, Converse Electric Kaci King, CEO, West Ohio Tool Co. Facilitated by Jason Block and Becky Fromkes, Professional EOS Implementers and Conway Center Service Providers ... read more

If you are new to succession planning, need expert advice, or simply don't know where to start, don't miss this in-person roundtable where we will cover the fundamentals! Bea Wolper of Emens Wolper Jacobs & Jasin and Meredith Sugar of Taft/ will facilitate this discussion, give practical advice, and answer any questions you may have. Topics we will discuss in this session include: * What kind of owner are you? There are several types of owners and identifying which you – and other stock-owning family members - is a great place to start. * What are your criteria for next gens to join the business? When, along with compensation and expectations – all important considerations. We’ll cover best practices on this sometimes controversial topic! * Buy-Sell Agreements: Who needs them and the important reasons behind them. * Seven Keys to Family Business Succession: It’s more than signing over ownership! We’ll tackle the succession of ownership, management, leadership, authority, relationships, and values, and respect. ... read more

You have probably heard the statistic that 70% of family wealth is lost by the 2nd generation and 90% is lost by the third generation. What are you doing to lower that number for your business? ... read more