Member News & Interesting Reading – September

In our Monthly Message, we highlight news stories about our members and provide links to articles that may be of interest to family businesses. Here is what we have for September:

Member News

White Castle’s New Headquarters To Include Apartments And Community Center
WOSU
White Castle, the fast-food hamburger chain based in Columbus wants to replace its headquarters on West Goodale Street, creating a mixed-use…

Schmidt’s food-truck fleet will grow to three next month
The Columbus Dispatch
Schmidt’s Sausage Haus und Restaurant soon will be even more visible on Columbus roadways. The German Village restaurant’s third food truck will …

Local roots run deep in Agriculture
The Newark Advocate
As members of the dairy industry, most interesting to us here at Velvet Ice Cream is Ohio is ranks 11th in milk production and that Ohio is the No.

Hylant Partners with Ohio and Michigan-Based Insurance Agencies
Insurance Journal
Hylant, based in Toledo, Ohio, has entered into a strategic partnership with Pinkney-Perry Insurance Agency Inc., one of the oldest and largest …

How to help business owners plan for retirement
Financial Planning
In addition to financial expertise, you’ll need plenty of time, patience and empathy, says Joel Guth, president of Gryphon Financial Partners in…

Scammers Target Hurricane Relief Donors
Rea & Associates
The financial impact of Hurricane Harvey, the first category 4 hurricane to hit our country since 2004, has already been estimated in the hundreds of billions….

Interesting Reading

 

Should You Work at Your Family’s Business?
Motley Fool
When I joined the family business I was close with both my father and aunt. Working with them strained those relationships because we generally did…

Is a Family Business or Partnership Right for You?
Inc.com
Other benefits of a family business include long-term stability, trust, loyalty and shared … In addition, family members are more likely to be flexible…

Opinion: Advice for Those Entering a Long-Time Family Business
Times of San Diego
My second piece of advice to a person wishing to enter the family business: Love the business. … I am the first female jeweler in the family…

Selling a Family Business
The National Law Review
With a wave of baby boomer business owners thinking about retirement, selling a business can allow founders to keep the company running while…