FBC NEWS

Stay current with the FBC. We will share the latest news, events, and articles here.

INTRODUCING: Re-Occurring Workshops

February 20, 2019

Starting in 2019 the Family Business Center will begin re-occurring workshops. These 101 level classes will be taught by our trusted Professional Advisors who will provide best practice, high-level knowledge year around in a workshop like setting. Participants should leave the class with a clear understanding of how to navigate through each particular topic.

1. Family Harmony 101 (February 20th)
2. Family Governance 101 (May 22nd)
3. Strategic Planning 101 (August 21st)
4. Succession Planning 101 (November 20th)

Mark your calendars for November 1st for an evening of fun and fellowship. We will have special guests for the night, including the new UofL President. 

 

Did you know that the new University of Louisville President, Dr. Neeli Baendapudi's background is in business? She honored her father's legacy by following in his footsteps in higher-ed. She understands the importance of family business, and wants to meet this community of family businesses! 

 

This event is open to UofL FBC members and those that would like to potentially join. Join us Thursday, November 1st from 5pm-7pm at the Louisville Omni, everyone that registers will receive an "I Love Family Business" T-shirt. 

 

Stay tuned for more details and registration! 

Lunch and Learn: Developing Your Family Business Dividend Policy

September 11, 2018

A well-defined dividend policy addresses the timing and size of dividend issuances, which can be a major part of a company's outgoing cash flows. Shareholders are interested in return on investment; consumers in the price charged; workers on the ability of the company to pay and the financial solvency and stability of the company; regulators are interested in capital adequacy and the government is interested in taxes. So dividend policy cannot and should not be underestimated.


September 11th 
11:30am - 1:00pm
Located at

Bingham Greenebaum Doll LLP

101 South 5th Street

Louisville, KY 40202

It's That Time of Year!

September 23, 2018

It's that time of year for a fun-filled, family-oriented day in Starlight, Indiana, courtesy of Huber’s Orchard, Winery & Vineyards, Axiom Financial Strategies Group of Wells Fargo Advisors, LLC., and the University of Louisville Family Business Center!

 

Enjoy all of the Huber's attractions, the Family Fun Park, the vineyards, distillery and the market.

September 23rd

12pm - 4pm

Located at Huber’s Orchard, Winery & Vineyards

19816 Huber Rd, Borden IN, 47106

3 things I wish I had known before transitioning my business

August 13, 2018

I have been at the helm of my family business, Commonwealth Roofing Corp., for nearly 37 years. About seven years ago, I decided to make plans to transition the company’s leadership to my son, Nathan, which I thought would be a fairly simple and straightforward process. Only now, however, are we beginning to make real headway in that transition to the next generation, and we still have another three or four years to go before it’s completed.

 

To read the full article you must sign in, if you haven't signed in before see "FBC Member Sign In Steps" below. Once signed in, go to...

1. Membership Tab

2. Member Resources

3. Family Business Articles

4. Succession Planning

5. Article- 3 things I wish I had known before transitioning my business

 

This article was written by FBC Family Business & Board Member, Mike Sasse

It can be lonely at the top: Why family businesses are turning to advisory boards for support

August 13, 2018

Being president or CEO of a family-owned business has many rewards, but it also has its challenges.  Where to go for strategic guidance can be complicated. Some concerns need the advice of experienced advisors. For example: “Who can I talk to when I need advice about how to handle the annoying behaviors of family members who work in the business?" Or, "Is now the right time to diversify with an acquisition when so many are dependent on the business?" Also, "Does it make sense to leverage the family asset for the future or should we think about selling and cashing out?”

 

To read the full article you must sign in, if you haven't signed in before see "FBC Member Sign In Steps" below. Once signed in, go to...

1. Membership Tab

2. Member Resources

3. Family Business Articles

4. General Family Business

5. Article- It can be lonely at the top: Why family businesses are turning to advisory boards for support

 

This article was written by FBC Professional Advisor & Board Member, Rachel Butler

Casting for a Family Business Reality Show

July 24, 2018

CASTING FAMILY-RUN BUSINESSES

 

Are you part of or run a family business? Have you always thought your family needs their own reality show?

 

An award-winning television production company is searching for passionate, outgoing, and big personality families who work together for an exciting new TV project. Whether your sister owns a small business in town and recruited the family to help, your generation recently took over the family legacy, or your business has a friendly (or unfriendly) rivalry with a local business, we’re interested in following the day-to-day of lives unique family businesses across the country. 

 

We’re looking for high-energy families with big personalities, fueled by a passion for working with their loved ones (for better or worse). If your customers, friends, and relatives constantly tell you that your family needs their own show, we want to hear from you! 

 

To be considered, please fill out our online questionnaire: https://goo.gl/forms/2M2g5uilacXmmvKS2  

 

If you have any questions, feel free to email us at uniquefamily2018@gmail.com

FBC Member Sign In Steps

January 01, 2020

FBC Members check out the newly created Family Business library including articles, books and videos related to family business issues. Governance, Succession planning, compensation, next generational issues, general family business education, and more!

What's Up With Your Family Business?

February 01, 2018

Has your business/family achieved something special, successfully transitioned ownership, created an A+ governance structure, celebrating 50 years of business? Or maybe you have done something great in the community. Whatever it is, we would love to share your story! 

Please reload