Monthly Message - July 2015 - Conway Center for Family Business

Monthly Message — July 2015


MONTHLY MESSAGE  – July 2015

12th Annual Family Business Tour and Networking Event

Schoedinger Funeral and Cremation Service 
229 East State Street, Columbus, OH 43215 
August 13, 2015 
4:00 – 6:30 p.m., Open House and Tours 
5:30 p.m., Short Presentation by Mike Schoedinger, President

Network and visit with family business peers while you learn about Central Ohio’s oldest family-owned business!

 

This fun event is free for Conway Center members and their families and Central Ohio family business leaders! Don’t miss the opportunity to go behind the scenes to learn about green burials, pet and human cremation, unique Central Ohio funerals, and how the Schoedinger grief dog helps families through difficult times. Yes, you will meet Willow!

 

This is a unique opportunity to learn more about a 160-year-old sixth-generation family business and industry leader from multiple generations of the Schoedinger family.

 

This event is free but requires an RSVP to Heather Howell at 614-253-4820 or Admin@FamilyBusinessCenter.com by August 10, 2015.

 

Doing well by Doing Good:
Philanthropy and your Family Business

The Columbus Foundation

1234 E. Broad St
Columbus, OH 43205

September 9, 2015

4:30-5:30 p.m. – Educational Program
5:30-6:30 p.m. – Cocktails/Appetizers

 

Conway Center Co-Founder Bea Wolper, President of Emens & Wolper Law Firm, and Lisa Jolley, J.D., CAP®, Director of Donor Services and Development at The Columbus Foundation will present an educational program focusing on the benefits of structured philanthropy for the family business.  This thoughtful, structured approach to charitable giving applies to all size companies and causes that you champion.    

Topics will include:

  • What makes a good gift?
  • How do you begin the philanthropic discussion?
  • How can philanthropy help you with succession planning?
  • Working with The Columbus Foundation as a business owner, family, or company.
  • Strategies for getting the next generation involved and ideas for engaging all ages in charity.

Please RSVP to Donna Jordan at 614-251-4000 or events@columbusfoundation.org by September 2, 2015.

Save the Date



Developing a Successful Family Business Culture 


September 17 – 7:30-9:00 a.m.

Alumni Hall at Ohio Dominican University

1216 Sunbury Rd., Columbus, OH 43219

 

Mark your calendar now! Donatos Chairwoman Jane Grote Abell will share her strategies for creating a great culture in a family business. She’ll teach you her four C’s –compassion, character, courage and conviction  — and give examples of what’s worked for Donatos, including tips for creating a positive culture in a family business for both family and non-family employees. In addition, you’ll get a sneak preview of Jane’s new book, soon to be hot off the press!

 

We are expecting a large turnout so be sure to RSVP to Heather Howell at Admin@FamilyBusinessCenter.com or 614-253-4820. The program is free for Conway Center members and $35 for non-members. Family business leaders attending for the first time may attend as our guest.  

Directors’ Insight 

We are working on plans for educational programs, roundtables, and peer groups for 2016 and we need YOUR input. Watch for a very short survey in your inbox next week asking about what Conway Center programs you need for your family business next year. We want to make sure the Conway Center is serving your needs and providing the best family business programming possible so please take a few moments to complete the survey and share your comments with us.

 

It was great to see more than 100 attendees at the Conway Center’s second annual golf outing at Little Turtle Golf Club. They had a lot of fun on the course and made some great connections during the reception! Thank you to our sponsors: Founder Level – The BCA Group at Morgan Stanley; Leader Level – KeyBank, Park National Bank, Robin Technologies, Sequent; Hole Sponsors – ALNI, Emens & Wolper Law Firm, FocusCFO, Gryphon Financial Partners, Holbrook & Manter, Kimball Midwest, Preggio, Spartan Logistics, Ulrey Foods, Inc.; Sign Sponsor – Capitol Citicom; and Velvet Ice Cream who brought yummy ice cream! Special thanks to Conway Center trustee Karen Hockstad and Steve Harmon, of Spartan Logistics, for their help with the auction, and our volunteers, Kim Gongwer of Proforma Graphic Solutions 2 and Sally Hofmans-Currie.

 

We appreciate all of your support and look forward to hosting this event again next year.

 

Dick and Deana

Save the Date 
17th Annual Family Business Awards and Family Business Expo

Monday, November 9, 2015

Hilton Columbus at Easton

Easton Town Center

3900 Chagrin Drive, Columbus, 43219

 

Expo: 10:00 a.m. – Noon

Luncheon: Noon – 1:30 p.m.

           

Sponsored by: Business First, Commerce National Bank, Definity Partners, Fathom, Gryphon Financial Partners, Rider + Reinke Financial Group, Taft/, and White Castle.


Awards Luncheon

Mark your calendar now for the 17th Annual Family Business Awards Program on Monday, November 9, 2015. This event celebrates the accomplishments of outstanding family businesses within our community by honoring family businesses with awards in the following categories: Community Engagement, Communication, Family Business of the Year, Lifetime Achievement, Milestone Achievement, Re-Invention, Succession Planning, and Support of Family Business. 

Awards Applications – Due August 21!
If you receive a nomination for an award this year, be sure to send in your application by 5:00 p.m. on August 21, 2015. Applications may be mailed to: Deana Gordon, Conway Center for Family Business, 1216 Sunbury Road, Columbus, OH 43219 or delivered to our office at 1348 Sunbury Road, Columbus, OH 43219.

Family Business Expo

Don’t miss this outstanding business development opportunity only available to Conway Center Family Business and Service Provider members!  The Expo is a great way to showcase your business, products or services to more than 500 family business leaders and advisors who will attend the Awards Program.  

  • Expo display tables may be reserved for just $150 prior to September 11, 2015 (Tables will cost $175 after that date)
  • Table reservations include two Awards Luncheon tickets.

Please RSVP for the Expo by September 11, 2015 in order to guarantee your space. Contact Jill Hofmans at Coordinator@FamilyBusinessCenter.com or 614-253-4820 for more information.

Conway Center Peer Groups 

To sign up for any of our peer group meetings or to learn more about peer group opportunities contact Assistant Director, Jill Hofmans, at Coordinator@FamilyBusinessCenter.com or visit www.FamilyBusinessCenter.com for a full schedule of Peer Group programs.

 

Please note – Some peer groups take off in July & August to accommodate vacation schedules so be sure to check below and on our online calendar to be sure your peer group is meeting during those months. They’ll start back up again in September – see you then!

 

Human Resources Peer Group

August 7, 2015

8:00 – 10:00 a.m.

Community Room/Alumni Hall

Ohio Dominican University

1216 Sunbury Road

Columbus, OH 43219

Topic: Employee Wellness: The Impact Sitting is Having on Your Bottom…Line,

Presented by OhioHealth

 

Women in Family Business Peer Group

August 11, 2015

7:30-9:00 a.m.

Griffin Student Center – Room 274

Ohio Dominican University

1216 Sunbury Road

Columbus, OH 43219

Topic: Types of Succession

 

CEO Peer Group

August 20, 2015

3:30 – 7:30 p.m.

Cardo’s Pizza & Spirits

7897 Refugee Road

Pickerington, OH 43147

RSVP Required

 

Welcome New Members 
Ability Professional Network, LLC

Ken Lazar, Matt Lazar, Cindy Picciano, Julia Blaeser
565 Metro Place South, Suite 300, Dublin, OH 43017
(614) 408-9930    

www.abilityprofessional.com
 
Founded in 2013 by father and son team, Ken and Matt Lazar, Ability Professional Network, LLC was established by combining two complementary organizations: the Scioto Ridge Job Networking Group and Ability Professional Search.  Ken founded SRJNG in 2006 to assist professionals in career transition.  Then, in 2013, Ken formed Ability Professional Search as his own recruiting firm.  Today, SRJNG and Ability Professional Search form one “next generation” organization under the leadership of Ken and Matt. Along with Cindy Picciano, executive recruiter, and Julia Blaeser, project manager, Ability Professional Network helps client grow their businesses, and candidates grow their careers through professional recruiting services, candidate sourcing, job transition coaching, and networking opportunities.

 

Aschinger Resource Group

Carl J. Aschinger Jr., Belva Aschinger

2252 Club Road, Columbus, OH 43221

(614) 296-9570

www.AschingerResourceGroup.com 

 

Started in 2014 by founder and president, Carl J. Aschinger Jr., Aschinger Resource Group is a business consulting firm that provides professional counsel in a variety of areas, including: defining tolerance for financial and emotional risk, succession planning, board formulations, compensation for family members, and balance sheet review and planning. Carl started his career in a 118 year old, fifth-generation family business – The Columbus Show Case Company. Carl has extensive experience serving on company boards, in senior management roles, operations and finance. Along with this wife, Belva, Carl helps clients learn from a variety of industries and business situations. Carl received the Ernst & Young “Entrepreneur of the Year” International Runner Up award in 1994 for outstanding leadership.

 

Keystone Brand Meats

Pete Dorley, Dave Dorley

3585 Harding Hwy, Lima, OH 45804

(419) 225-9600

www.Keystonemeats.com 

 

Established in 1964, Keystone Brand Meats has been owned and operated by 4 generations of the Dorley family. The original business raised and processed beef to supply restaurants and grocers throughout Ohio and Indiana, which continues to this day. In recent years, Keystone has diversified into a USDA-approved meat processing facility, providing canned meat products and soup base. The cannery is now the largest part of the business, expanding throughout most of the United States. Company president, Pete Dorley, took over the business 8 years ago for his father, Dave Dorley, who ran the business for 30 years. Dave remains active as the company CEO.

 

Royal Document Destruction

Laura Daly, John Daly, Jason Radtke, Rob Grubaugh

861 B Taylor Rd., Gahanna, OH 43230

(614) 751-9731

www.rddshred.com 

 

Royal Document Destruction was founded in 1995 by family members John Daly, Jason Radtke, and Laura Daly, the three partners who continue to run the company 20 years later.  Rob Grubaugh is the company’s sales manager.  Headquartered in Columbus, Royal Document Destruction provides certified shredding services to customers in Ohio, Northern Kentucky, and Eastern Indiana.  They also provide product destruction and hard-drive destruction to help keep sensitive materials protected.  Royal Document Destruction is one of the largest, independently-owned document destruction companies in the Midwest, and the only shredding company to be recognized on the Business First, “Fast 50” list, appearing for six consecutive years.  The company was also nationally recognized by Inc. Magazine as one of the best private companies in the nation three years in a row. 

 

 

Welcome New Service Provider

*Note – We appreciate The Siekmann Company transitioning from a Family Business Member to a Service Provider Member this month.

 

The Siekmann Company
Robert Siekmann, Aaron Siekmann
9000 Memorial Drive, Plain City, OH 43064
(614) 873-5200   

www.siekmannco.com  

 

The Siekmann Company specializes in group retirement and health care administration for small and mid-sized companies. President Bob Siekmann founded the company in 1981. His son, Aaron Siekmann, is the company’s sales manager for the retirement plan division. Located in Dublin, Ohio, the Siekmann Company customizes and administers employee benefit plans that meet the needs of both employers and their employees. The company also provides HR services including new-hire packets, carrier enrollments and terminations, and monthly billing reconciliation. Bob and Aaron Siekmann work hard to make sure their clients are fully educated, protected, and serviced in all areas of their benefit offerings.

 

 

Member News 

Pizza Hall of Fame Recognizes Donatos 

Columbus Dispatch

Donatos recently was inducted into the Pizza Hall of Fame, which recognizes popular U.S. pizzerias that have been in business for 50 years or longer…

 

Inn & Spa at Cedar Falls hosts Casual Friday 

Logan Daily News

Live coffee house-style music and a special menu prepared by Inn & Spa at Cedar Falls‘ revered Chef Anthony Schulz will create memorable summer…

 

MTBT Runs Catchy, Humorous Marketing Campaign  

Richland Source

When developing their latest marketing campaign, MT Business Technologies decided to take a humorous approach…

 

Quality of Life Sparks Licking County Development

The Newark Advocate

One of the places that makes Licking County special is our company’s home, Velvet Ice Cream’s Ye Olde Mill. In fact, it can be viewed as a metaphor…

 

Interesting Reading 

Family Businesses Gain National Recognition

Columbus CEO magazine

With more than 6,000 family-owned businesses in central Ohio and statistics that place family businesses at over 80 percent of all businesses in North America, it’s clear that family businesses are a key economic driver and valuable community resource.

 

In The Shark Tank It’s All About Valuation

LinkedIn

Unless you do what I do for a living, “valuation” probably isn’t a word you hear every day… but it is a word you hear a lot on Shark Tank.  And it’s usually a point of controversy.

 

Protecting Your Business from Fraud 

KeyBank

Cyber criminals continue to target online banking and electronic payment transactions. Fraud committed against business bank accounts generally occurs by writing unauthorized checks, through wire fraud, or through ACH fraud…

 

10 Things Great Companies Do 

GREENCREST

Great brands have several things in common. First and foremost is distinction. They know who they are, what they do differently and why they do it. Well-branded companies have driven their stake in the ground and have clearly communicated, both internally and externally, their market position. Great companies also

 

A Closer Look at the Market Approach

Rea & Associates

Real world transactions provide some of the most objective sources of appraisal evidence. But applying the market approach isn’t always as easy as it appears. Experienced valuation professionals understand the ins and outs of the market approach…

 

IRS Revises Use of Lump Sum Payments to Retirees 

Findley Davies 

The IRS and Treasury Department intend to amend the regulations to address the offering of lump sum payments to replace annuity payments.

 

Almost No One Wants to Join the Family Business Right after School

Forbes

Very few college students plan to start at the family firm immediately following graduation, though many say they may work there someday, according…

 

Transfer the Family Business Now

Forbes

For the last three years in this space, I’ve promoted transferring family businesses to the next generation through sale rather than gift. Repeatedly, I’ve…

 

Ivanka Trump and the Growing Power of Women in Family Businesses

TIME

The Trump Organization is a lot like the thousands of family businesses that dot the land, even though its current leader, Donald Trump…

 

How to Fire a Family Member in a Family-Run Business

Entrepreneur

To fire a family member may be one of the most difficult challenges a family business will face. There’s no magic solution to avoid the hurt feelings, the…

 

The 21 Biggest Family-Owned Businesses in the World

Business Insider

In a report on family businesses this month, Credit Suisse introduced the CS Global Family 900 universe- a database of the 920 largest family-owned…

 

Business Workshop: Consumers Trust Family Businesses

Pittsburgh Post-Gazette

Consumers trust family businesses a whopping 30 percent more than they trust large corporations, at least in the industrialized world, according to the…

 

Community Development Priorities for Your Family Business

Huffington Post

If the strategic plan for growing your family business does not include community development, then it’s mediocre at best. At your finger tips lies the…

 

Best Practices to Promote Family Sustainability

Relative Solutions

The same characteristics that positively defined family enterprise are being challenged…

 

Family-Owned Firms Face Challenges When Owners Retire

Washington Times

An owner-operator who’s ready to retire, Hutcheson said, might have…

 

4 Secrets to Highly Successful Family-Owned Businesses

Entrepreneur

In 1968, Lloyd Bontrager developed a prototype camping trailer and unique lifter system for fold-down campers. With 15 employees on staff…

 

6 Reasons Why Family-Owned Businesses Are Smoking the Competition 

Business Insider

Additionally, the value of family-owned businesses outperformed similar-sized competitors every region UBS analyzed including Asia, Europe, Latin…

 

Women Take Lead Role in Family Business

Business Spectator

Women are more likely to take on a leadership role in a family business than any of their non-family enterprises, according to new research conducted…

 

Daughters in Charge Podcast: Finding Your Place in Your Family’s Business  

WealthManagement.com

“My coming in here is a gift…because I get to know my father in a different way.” “It’s not a job…when it’s family business you care so much more.”…

 

 

Conway Center for Family Business
614-253-4820
J. Richard Emens, Executive Director |
emens@familybusinesscenter.com
Deana Gordon, Managing Director | 
gordon@familybusinesscenter.com

Ohio Dominican University
216 Sunbury Road, 
Columbus, OH 43219