Blog Archives - Page 3 of 6 - Conway Center for Family Business

Halloween Chemistry

The Halloween industry represents over $8 billion in retail sales, according to CNN. Greater than 70% of adults are expected to participate in this fabulously imaginative holiday. Haunted houses will pop up in old buildings and farms will be transformed to ghoulish fields. Horror films will flood the theatres and might be your personal choice …

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Bea’s Blog: Exemplary Leadership in Family Business

In a recent session of the Women in Family Business Peer Group at the Conway Center for Family Business, we discussed the following five key characteristics of a family business leader and the components of each: Commitment Immerse yourself in the business Understand the business Sacrifice personal pleasures when needed to benefit the business Show …

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Bea’s Blog: Planning for Loss and Establishing your Family Business Legacy

Family business owners are notoriously bad when it comes to estate planning. Too many demands and busy seasons are often cited as reasons to put it off, but as much as we don’t want to think about our own mortality or the painful loss of loved ones, there are numerous advantages to advanced planning. A …

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Bea’s Blog: The Importance of Trusts – Not Boilerplate!

Creating a trust is an essential component in your estate planning, but boilerplate trusts can often derail or negate the personal goals of your trust. Boilerplate trusts use form language and lack individual thought. They are not personal to you. They are often obtained from the Internet or from software used by many Ohio lawyers …

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