190 Results
4

Passing the Baton

August 10, 2021

The past several years have engendered an unprecedented environment for family businesses. When faced with these market pressures, how does a successful family business enterprise respond? What is “success” in a climate like this — and how does succession come into play?

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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.

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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.

8

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.

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How Designs Direct preserved partnerships and paved a new path forward

September 16, 2021

At the onset of the pandemic, Designs Direct Creative Group established three priorities: preserving their culture, supporting their customers, and maintaining their most important partnerships. To preserve their culture, their team emphasized the need for open, honest, and consistent communication.

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Volunteer of the Year: Michael Miller of LCNB National Bank

September 16, 2021

We are proud and honored that the Goering Center is supported by over 200 professionals who volunteer their unique expertise, leadership, and perspective to the business community through our educational programs, our boards, and our committees. To recognize their outstanding effort, each year we present one of our volunteers with the Keith Baldwin Volunteer Award. This award was created to honor the extraordinary commitment of one our earliest and most dedicated volunteers, Keith Baldwin. Michael Miller, Executive Vice President & Chief Wealth Officer, LCNB National Bank, is the 2021 recipient of the Baldwin Award, acknowledging exemplary commitment and voluntary service to the Goering Center.