Member News & Interesting Reading – June 2018

Member News

Schoedinger looks to expand to Dublin with new funeral home
Columbus Business First
Schoedinger Funeral and Cremation Services has filed plans to build an 11,730-square-foot funeral home in Dublin…

Charles Penzone, Inc. Debuts New Salon Concept & Direction
columbusunderground
A pioneer in the beauty industry in Columbus, Charles Penzone, Inc. is celebrating 50 years in the business, and with the milestone, introducing a new…

Highlights Magazine And Tinkercast Introduce: Highlights Hangout
Virtual-Strategy Magazine
Highlights For Children, Inc. is teaming up with kids’ podcast leader, Tinkercast, to unveil a new podcast for kids titled, Highlights Hangout, on June 4…

White Castle picks up pace of change, with Short North restaurant an example
The Columbus Dispatch
It took White Castle more than 40 years to add a cheeseburger to its menu. That sort of intransigence at the Columbus-based fast-food company has…

MS Consultants Plays Role in Downtown Comeback
businessjournaldaily.com
YOUNGSTOWN, Ohio – With last week’s opening of the DoubleTree by Hilton downtown, MS Consultants is reflecting on the leading role the…

Interesting Reading

Should You Join the Family Business?
Harvard Business Review
Richard (not his real name) graduated from college on a Friday. Three days later he would start his first day on the job in his family business…

Good stuff in the latest newsletter from one of our Service Providers, Rea & Associates.

Summer Reading list from KeyBank, one of our Service Provider members.

Tax Cuts and Jobs Acts Presents New Employer Credit for Paid Family and Medical Leave
Holbrook & Manter (A Conway Center Service Provider member)
Employers should be aware of a new tax credit that has been born of the Tax Cuts and Jobs Act. The credit is available to employers that offer paid family and medical leave to qualifying employees…

Grow your business by thinking beyond “more and better marketing”
Columbus Business First – written by Justin Spring of Adept, a Conway Center Service Provider member
Grow your business by thinking beyond “more and better marketing” … At Adept, we talk to 200 companies each year about growth goals, and of these,…

Can I afford to sell the family business?
BizTimes.com (Milwaukee)
Of the entire host of issues a family business owner must consider when … 1 fight (in their family business) was not about titles or compensation, but about …operating officer of the Milwaukee-based Family Business Legacy Institute.

Your Family Business Won’t Survive If You Don’t Plan for the Leadership Transition
Entrepreneur
When advising family business owners, one of the biggest challenges I see clients grapple with is the transition from being “power players” who…

What Daughters Learn When Mom Is the Boss of the Family Business
Entrepreneur
A well-run company may be the best Mother’s Day gift of all for women who follow their mothers into family-business leadership roles. After all, their…

Work/home delineation important for family-run businesses
Buffalo Business First
But panelists who spoke at a Thought Leaders discussion on family business, held May 10 at the Buffalo office of Hodgson Russ LLP, agreed that…

Succession planning: a medicine for family-owned businesses’ longevity
The National
Family businesses are an important and high-impact economic development engine. Various estimates peg their share of the world’s gross domestic…

David Koch steps down from family business, political work
OCRegister
Billionaire David Koch is stepping down from leadership positions in his family’s business and conservative political empire because of deteriorating…

Jim Beam: A family business since 1795
CNNMoney
The first barrel of Jim Beam was sold over 200 years ago. Eight generations later, it’s become the world’s biggest bourbon seller.

The chairman of the company behind Snickers and M&Ms reveals what’s next for the chocolate giant
Business Insider UK
But the 106-year-old company, which is entirely owned by the Mars family, has been opening up about its business and what’s next for the company.