Member News & Interesting Reading – October

Member News

Lima’s meat-packing history

Lima Ohio

“The Cantieny-Strawn Co., local meat packing firm, has been sold to a … of investors who formed Keystone Brand Meats, a name taken from a brand of…

2017 Golden Chain Award winner: Lisa Ingram

Nation’s Restaurant News

Lisa Ingram, White Castle’s CEO and president, is as close as one can get to quick-service royalty. Case in point: She lists “Slider Queen” on her…

Annual Oktoberfest expects to draw 35000

The Columbus Dispatch

The German Village Society voted to cancel the event in 2009, but the Schmidt family, of Schmidt’s Restaurant und Sausage Haus, took over as the…

Highlights for Children signs deal with Korean company to expand in Asia

The Columbus Dispatch

The Columbus-based publisher of the kids’ magazine just signed a deal with Chung Chy, a global education company based in Daejeon, South Korea…

Dager: Workforce retention requires care and feeding

The Newark Advocate

At Velvet Ice Cream, we employ a team of more than 125. From sales professionals and route drivers to line staff and marketing, it takes dozens of…


Interesting Reading

Disasters Won’t Knock out SBA Assistance, Administrator Says

Columbus Dispatch

Major hurricanes have struck over the past month with alarming regularity, inundating the Texas coast, hammering Florida and devastating the U.S. territories Puerto Rico and the Virgin Islands. The storms have been a drain on the U.S. Small Business Administration…

 

Treasury Withdraws Rule on Family-owned Business Valuations

NACS Online

The proposed rules impact how much a minority stake in a family owned business is valued at for purposes of the estate or gift tax rules. Currently the…

 

Should You Mediate Your Family-Owned Business Dispute?

The National Law Review

Disputes between and among owners of family-owned businesses are sometimes unavoidable. When such disputes progress to litigation, they can be…

Thanks, Dad. You Can Go Now

Inside Indiana Business

Two of his children went to medical school, and a third was groomed to take over the family business. As his lawyers, we developed and implemented…

Time for change? Family-owned business execs must recognize signs they need to exit

MiBiz

Every business owner eventually comes to the point when it’s time to step aside and allow new leadership to take over. Leaders of family-owned…

Knowing when: In succession planning for family-owned businesses, timing is essential

MiBiz

West Michigan advisers who work with family-owned businesses say starting early and taking a deliberate approach raises the chances of a smooth…

Report: Family-owned businesses are doing better than the rest

Washington Post

People like to complain about their families. But when it comes to making money, it’s the family-owned businesses that seem to be doing it best…

 

10 Ways to Navigate a Family Business

Hardware Retailing

Hardware Retailing spoke with Wayne Rivers, co-founder and president of The Family Business Institute to gather 10 tips family business leaders can…