Monthly Message - July 2016 - Conway Center for Family Business

Monthly Message – July 2016


MONTHLY MESSAGE  – July 2016

Nominations for our Family Business Awards Close July 27th!

The definition of success is to achieve, advance, thrive, prosper or grow. Are you, or do you know of a family business that deserves to be recognized for a significant accomplishment during a year full of challenges?

Nominees can be any family business in Central Ohio, including your own.  

Nominate
today!


The Conway Center for

Family Business Awards Program
annually recognizes family businesses in the following categories:

Community Engagement, Communication, Family Business of the Year, Legacy Award, Lifetime Achievement, Milestone Award, Re-Invention

, Succession Planning/Implementation, and Supporter of Family Business
 

NOMINATIONS CLOSE JULY 27, 2016. Nominate a deserving family business, including your own, today!

Upcoming Programs!

 
13th Annual Family Business Tour & Networking Event
August 11, 2016 – 4:00 – 6:30 p.m.
Highlights for Children

Highlights for Children


1800 Watermark Dr.
Columbus, Ohio 43215

EXPLORE the Highlights for Children offices on a guided tour.

CELEBRATE Highlights70th anniversary!

LEARN how they’ve evolved from one magazine into a global family of media brands, while helping children and parents have ‘Fun with a Purpose’ for generations.

ENJOY reviewing materials from the Highlights family of brands.

CONNECT with Highlights executives, including Kent Johnson, CEO and great-grandson of Highlights founders, Garry and Caroline Myers.

 
Free to Conway Center members and Central Ohio family business leaders!
Contact Administrative Coordinator, Heather Howell, at Admin@FamilyBusinessCenter.com or 614-253-4820 to register.

____

Roundtable Discussion 
Thursday, August 4, 2016
8:00 a.m. – 9:00 a.m.
Ohio Dominican University

MBE/WBE Certification – Is it Worth it For My Family Business?


Contact Event Coordinator, Amy Dotts, at

ADotts@FamilyBusinessCenter.com
to register.

Directors’ Insight

It was great to see over 100 attendees at the Conway Center’s third annual golf outing at Little Turtle Golf Club last week! We had a lot of fun on the newly renovated course and made some great connections during the reception.

Thank you to our sponsors:

Leader Level – First Merchants Bank, KeyBank, and Sequent
Next Gen Level – Gryphon Financial Services.

Our hole sponsors were:
ALNI, Carmens Distribution, Emens & Wolper Law, Flyers Pizza & Subs, Focus CFO, Kirk Williams Co., McGohan Brabender, Ohio Power Tool, Pregio, Reitter Stucco, RobinTek, Sound Communications, and Spartan Logistics.


We appreciate these companies who donated to our Silent Auction:
5-Star Staffing,
Charles Penzone Family of Salons
,
Donatos Pizza
,
Flyers Pizza & Subs,
Fortner
Upholstery and Fine Furnishings,
Inn and Spa at Cedar Falls
,
Integrated Building Systems
,
Mid-State Bolt & Nut Company
,
Oakland Nurseries, Inc.
,
OhioHealth
,
ProForma Graphic Impressions 2 LLC
,
Regal Beverage Concepts
,
RICOP Construction
,
RobinTek
, Schmidt’s Sausage Haus, S
choedin
ger Funeral & Cremation Service, Spirit Services, Taft/, and
Velvet Ice Cream
.

We
also want to thank our sign sponsor, Capitol CitiCom, our beverage cart sponsor, GREENCREST, and Velvet Ice Cream who provided the most delicious ice cream drumsticks at the turn!

Finally, special thanks to our volunteers: Kim Gongwer of ProForma Graphic Solutions 2, Jim Bishop of The BCA Group at Morgan Stanley, and Lynda Huey of Ohio Dominican University.


We truly appreciate all of your support and look forward to hosting this fun event again next year!
 
Dick & Jill 

Save the Date!

18th Annual Family Business Awards and Family Business Expo
Monday, November 7, 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, Fathom, First Merchants Bank, Gryphon Financial Partners, Taft/, and White Castle.
 
Awards Luncheon
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, Legacy Award, Lifetime Achievement, Milestone Achievement, Re-Invention, Succession Planning, and Supporter of Family Business. 
 
Awards Applications – Due August 22!

If you receive a nomination for an award this year, be sure to send in your application by 5:00 p.m. on August 22, 2016. Applications may be mailed to: 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 600 family business leaders and advisors who will attend the Awards Program.  
  • Expo display tables may be reserved for just $275 prior to September 23, 2016 (Tables will cost $1375 after that date)
  • Table reservations include two Awards Luncheon tickets.
Please RSVP for the Expo by September 23, 2016 in order to guarantee your space
. Contact Amy Dotts, Event Coordinator at ADotts@FamilyBusinessCenter.com or 614-253-4820 for more information.
 
Nominate
a deserving family business, including your own, today!
 

Conway Center Peer Groups


To sign up for any of our peer group meetings or to learn more about peer group opportunities contact Event Coordinator, Amy Dotts, at ADotts@FamilyBusinessCenter.com or visit our
website for a full schedule of Peer Group programs.

 
CEO Peer Group – East
July 21, 2016
5:00 p.m. – 9:00 p.m.
Columbus Country Club
4831 East Broad St
Columbus, OH 43213
*RSVP required
 
Finances for Family Business Peer Group
July 27, 2016
8:00 a.m. – 10:00 a.m.
Room 258 & 259 – Griffin Center
Ohio Dominican University
Topic: Mid-year Tax and Payroll Update
 
CEO Peer Group – West
July 28, 2016
3:30 p.m. – 7:30 p.m.
Ohio Power Tool

999 Goodale Blvd

Columbus, OH 43212
*RSVP required
 
Next Generation Leaders Peer Group
August 9, 2016
Noon – 1:00 p.m.
O’Brien & Associates
47 W. 3rd Avenue, Columbus, 43201
Topic: Minimizing Disruptive Behavior that Undermines Results
*Enrollment closed for 2016. Please contact Amy Dotts to be added to the 2017 roster. ADotts@familybusinesscenter.com

Welcome New Members


R&T Yoder Electric, Inc.
Rodney Yoder, Tina Yoder, Vincent Yoder
7230 Woods And West Avenue, London, OH 43140
(614) 206-5401
 
www.yoderelectric.com

   

Rod Yoder founded R&T Yoder Electric, Inc. in 2004 with his wife, Tina Yoder.  His sons Vincent, Mitchell and Zachary currently all work with the family business as well. They employ electricians of character and have done work for individuals such as Jim Tressel and Chris Spielman, as well as local businesses such as the Leveque Tower and Watershed Distillery in downtown C-bus. Following are a few more of their clients with whom they have performed jobs ranging from design-build and remodel to service calls and energy audits: Culvers, Dave & Busters, Der Dutchman Restaurant, Double Eagle Golf Course, Hochstetler Buildings, John Deere, KRG Property Management, McDonalds, Panera Bread, Ross Realtors, and Tim Hortons.

Stolly Insurance Group
Kevin Stolly, Tim Stolly, Bill Stolly, Mark Stolly, Patrick Stolly, Eric Stolly
608A Office Parkway, Westerville, OH 43082

(614) 818-9467 

 www.stollywesterville.com

 
Founded in 1904, Stolly Insurance Group is a fifth generation, independent insurance agency expanded across five locations in northwest and central Ohio.  Currently under the fourth and fifth generation leadership, Stolly Insurance has become one of Ohio’s largest independent insurance agencies by revenue in the last 15 years – and continues to grow.  There are currently 12 members of the Stolly family that are involved with the business. Kevin Stolly is the company’s current president, with Tim, Bill, Peter and Mark Stolly rounding out the fourth generation family members. Fifth generation family members include Jason, Adam, and Jarod Stolly out of Lima, Chad Stolly out of Celina, and Patrick, Joel and Eric Stolly out of Columbus. Stolly Insurance practices in property and casualty insurance as well as life and health.

___

 

Welcome New Service Provider


Insperity

J.R. McCullough, Jessica Tucci
460 Polaris Parkway, Suite 390, Westerville, OH 43082
(614) 423-3805/(614)423-3818 

www.Insperity.com

 
Insperity is a full-service HR and business solutions company with over 30 years’ experience helping businesses run better, grow faster and make more money. Started in 1986 by Paul Sarvadi, Insperity advises companies on how to control expenses, minimize risk exposure, and maximize opportunities for revenue generation.  J.R. McCullough is the District Manager and Jessica Tucci is a Business Performance Advisor at the Westerville location. Insperity includes 60 offices across the U.S. and helps over 100,000 client businesses. 

MEMBER NEWS

Columbus Monthly
Situated near Goodale Park, the home of Ricart Automotive Group President Rhett Ricart and his wife, Nicole, has been a work in progress for three …
 

Columbus Dispatch
OhioHealth will launch a network of free-standing emergency departments in 2018, with Hilliard, Obetz and Grove City targeted for the first locations. 

WKBN.com
As part of the camp, they took a field trip to ms consultants in downtown Youngstown to plant a rain garden outside. MS Consultants partnered with the …
 
Columbus Dispatch
Lindsay Honda shoots for top US sales with new showroom, online prowess … Lindsay Honda on the Far East Side ranks first in Ohio and third in the …

 

Ohio Restaurant Association taps White Castle exec as chairman, honors Barcelona owner

Business First

An experienced restaurant executive is the new chairman of the
Ohio Restaurant Association. The state’s trade group named
Jamie Richardson, vice president of government and shareholder relations for
White Castle System Inc...

Interesting Reading

Holbrook & Manter CPAs
Preserving and managing family wealth requires addressing a number of major issues. These include saving for your children’s education and funding your own retirement….
 
 
The Suit Magazine
It’s no secret that there are countless challenges facing today’s family-owned businesses. In fact, less than one-third of family businesses successfully …
 
Albuquerque Journal
According to the North Carolina-based Family Business Institute, only 30 percent of family businesses last into the second generation, 12 percent …
 
Business.com
Family businesses
in developed and emerging markets are thriving, and many of them have become market leaders. We can expect to see more …
 
CIO
Columnist Rob Enderle talks to Henry Hutcheson, president of Family Business USA, about the pros and cons of working for a family-owned business …
 
Harvard Business Review
Working in the family business can be fraught. When your manager is also your parent, sibling, or another relative, how do you keep things …
 
CNBC
Recruiting outsiders as senior managers is a common path for family businesses that reach a certain size and find further growth constrained by their …
 
New York Daily News
Choosing a successor is the most important business decision you will ever make. While you would like your child to continue what you have built, the …

Wall Street Journal
We’re seeing more women choose their family businesses, and more women being considered for senior leadership roles in their family businesses.

Conway Center for Family Business
614-253-4820
J. Richard Emens, Executive Director |
emens@familybusinesscenter.com
Jill Hofmans, Managing Director |
jhofmans@familybusinesscenter.com

Ohio Dominican University
1216 Sunbury Road, 
Columbus, OH 43219