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Buh-bye, 2021…why does 2022 feel so ugh? – from Conway Center member Sharon DeLay of GO-HR

The wheels of time keep turning and we’re heading into a new year, yet it feels like we haven’t really advanced very far with this COVID stuff. We’ve had a few questions and calls come in so I thought I would send you all off to (safely) celebrate with some things to think about in …

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Year-End Tax Planning for Family Business Owners

While year-end tax planning should be done every year, with pending legislative changes on the horizon it is imperative business owners and individuals take time to assess their own personal situation. The following two documents serve as a reminder of the strategies you may wish to consider incorporating into your year-end planning. 2021 Top Ten …

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How a Fractional Executive Can Take Your Business to the Next Level

This is an intereting article in Entreprenuer.com by Katie Murphy, a new Conway Center member and founder of Expansion Group. Fractional executives might be a good solution for family businesses that do not have a clear succession plan…yet. If you have a complex strategic initiative with an end date like the one I oversaw, this …

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2021 Family Business Forecast

Hiring a bigger concern than the pandemic, says central Ohio’s family businesses   The tenth Annual Family Business Forecast survey, conducted by the Conway Center for Family Business, revealed more than one in four (27.4%) Central Ohio family business leaders­ believe adapting to COVID-19 mandates and restrictions will remain one of their most significant business challenges …

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Conway Center's Jill Hofmans and Mike Schoedinger join Succession Stories Podcast

Conway Center Featured in ‘Succession Stories’ Podcast

Laurie Barkman, host of ‘Succession Stories’ was joined by Jill Hofmans, Executive Director of the Conway Center for Family Business, and Michael Schoedinger, President of Schoedinger Funeral and Cremation Service, a 6th generation company, to talk about succession planning from two key standpoints: leadership and financial succession and innovating as a legacy business. Key Takeaways …

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Helpful Links for Family Businesses During COVID-19

The outbreak of novel coronavirus (COVID-19) has touched all aspects of the local economy, especially our family business community, which is adjusting at an unprecedented pace to continue serving clients while also protecting staff. Much is uncertain, and we know you have many questions about how your business will navigate this difficult time. That’s why …

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2020 Conway Center for Family Business Forecast

2020 Family Business Forecast

Central Ohio Family Business Leaders See Bright Economic Climate in Annual Family Business Forecast * An updated Family Business Forecast post can be viewed HERE. The ninth Annual Family Business Forecast, conducted by the Conway Center for Family Business, revealed significant growth in optimism about the economic and business health of the national economy for …

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Community Events of Interest!

Thinking of Buying? Selling? KeyBank – a trusted Conway Center Service Provider – is hosting a program for family/business owners on September 10th. RSVP to elizabeth_triano-benkoil@keybank.com by September 3rd. Got Interns? Want Interns? Everyone knows the value of internships, but does your organization run a strong intern program that maintains a pipeline of highly qualified …

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Financial Freedom: Building Wealth to Live the Life You Love

Article Provided Courtesy of Michael Beers, Financial Advisor, Senior Vice President, Morgan Stanley What does financial freedom mean to you? For some, it is synonymous with financial security. But, for others, the definition of financial freedom goes beyond money to include living with purpose, cultivating a healthy mind and spirit or being able to pursue …

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Your Responsibilities as a Retirement Plan Sponsor

A recent study revealed that more than six in 10 U.S. households reported that they had employer-sponsored retirement plans – that is, they had assets in Defined Contribution (DC) plan accounts, were receiving or expecting to receive benefits from Defined Benefit (DB) plans, or both.*It’s no wonder there are strict laws governing retirement savings plans. …

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