190 Results
1

When the hungry can’t come to Sweets & Meats BBQ, Sweets & Meats BBQ goes to the hungry

September 16, 2021

The food service industry was one of the hardest hit by the pandemic in 2020, and Sweets & Meats BBQ was no exception. In the early days of the pandemic, when everything was shut down, Sweets & Meats’ carry-out remained open – but that would not be enough to survive. They began offering online ordering and curbside pick-up, partnered with Kroger to sell packaged meats and sides in the deli department in their neighborhood store, and began taking their food trucks out to Cincinnati area neighborhoods. They would hit four neighborhoods a day within a 30-mile radius of their restaurant for a period of 15 months, offering family packages and individual meals for pick up from their food truck and trailer. This additional service kept them in business and broadened their audience.

2

Jack Brendamour, Junk King, Named 2021 Rising Leader

September 16, 2021

One of a leader’s key responsibilities is to identify and develop future leaders. The Goering Center demonstrates its commitment to the region’s future generation of leaders by bestowing the Larry Grypp Rising Leader Award. Named for past president Larry Grypp in acknowledgement of his leadership accomplishments, this award is given to one Rising Leader, nominated by their member company, for demonstrating success at advancing one of the Goering Center’s 10 Best Practices of Successful Family and Private Businesses. Jack Brendamour was nominated for the following Best Business Practices: for Business Growth by Cody Campbell and for Giving Back by Julie Heil.

4

8 factors that most impact your business’ net proceeds

October 12, 2021

Most business owners focus on ‘maximizing enterprise value’ as they contemplate a potential business sale. But giving equal consideration to ‘maximizing net proceeds’ of the deal and paying closer attention to the following drivers of net proceeds may actually result in more wealth to your family post-transaction.

5

How to create a successful and peaceful transition of a family business in 8 steps

October 12, 2021

For over 20 years, The 8 Steps to Succession Planning ® have assisted families in executing their business transitions. Family gatherings often prompt discussions about the family business and its future, and people tend to walk away disappointed, mad or with different understandings of the situation. It is when the frustration builds and the family business is in jeopardy that family members seek help.

6

Necco’s superheroes donned their capes and made magic for foster kids during COVID

September 16, 2021

11,200 children and families depended on Necco to receive support during the height of the pandemic. Foster care and mental health counseling are essential services. The physical safety and well-being of Necco’s clients and staff had to be weighed alongside their clients’ critical needs. Even in a pandemic, children need foster families, family crises happen, and mental health support needs staff to be face-to-face in the home. This was all non-negotiable. Necco quickly stepped up, leveraging technology to ensure that all staff, clients, and foster parents had the right tools to access needed educational, behavioral, and physical healthcare from their kitchen table.

7

The value of compassion and communication in times of uncertainty

September 16, 2021

Recently named one of the “Best Places to Work in Kentucky,” Car-Part.com is an organization where a business family culture is valued and nurtured. When the pandemic began, the company was prepared and acted quickly to set its staff up with remote work. Determined to keep their employees connected and engaged, the company president held company-wide virtual meetings throughout 2020, reassuring their staff that Car-Part.com understood their challenges and encouraging them to bring any future personal or professional issues to their managers.

8

When their world came to an abrupt stop, Abstract Displays created a new one

September 16, 2021

Abstract Displays, Inc. is a creator and provider of 3D marketing environments for the trade show and event industry – building connections between their clients and their clients’ prospects is what they do. What’s more, they were doing this in the real world. That is until COVID-19 brought the trade show industry to a screeching halt.

10

For family businesses, staying silent on taxes is not an option

November 4, 2022

It could be a drug store company, a lumber yard, or a farm. They all know one day this family livelihood, often multi-generational, will likely have to be sold and vanish forever. Why? It’s an old story, but it usually comes down to death and taxes. Selling is often the only logical answer. Research shows family enterprises make up $7.7 trillion of our annual GDP and represents 59% of the country’s private workforce. Family businesses in America consist of 23.7% in manufacturing, 10.4% in construction/facilities, and 9.75 percent in real estate.