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Displaying items tagged: Family Business Alliance

Sunday, 11 September 2022 18:31

Pandemic creates ‘sense of urgency’ for succession planning

Amid its many strains on companies, the COVID-19 pandemic appears to have prompted more owners to think about the future and eventually pass a family business down to the next generation.

Published in Economic Development
Sunday, 11 September 2022 18:27

Family-owned biz retained workers during pandemic, prioritize tax changes, survey finds

survey this year of hundreds of U.S. family-owned businesses showed that owners prioritized keeping employees on the payroll even as the pandemic disrupted their business and that most regularly give to local charities.

Published in Economic Development
Sunday, 16 January 2022 18:14

Family-owned businesses feel better positioned to adapt in pandemic

After nearly two years of the COVID-19 pandemic, smaller family-owned businesses are generally better positioned to overcome labor and supply chain challenges than non-family-owned companies. 

Published in Small Business

Sunday, 13 September 2020 17:00

Experts see short, long term shifts with family business philanthropy

Family-owned businesses have been key contributors to West Michigan’s culture around charitable giving, but the COVID-19 pandemic and lingering questions around a seeming lack of succession planning may change the nature of that philanthropy in both the short and long term.

Published in Small Business
Sunday, 29 September 2019 12:36

LOOKING OUTSIDE: Family businesses gain fresh perspective, stability with non-family leadership

Two years before Craig Wassenaar stepped into the role as president and CFO of Skytron LLC, a Cascade Township-based medical device company owned by the Mehney family, the plan for his next role with the business was already well underway. 

Published in Small Business
Sunday, 24 June 2018 14:00

Q&A Diana Schad: CEO, Family Business Alliance

New Jersey native Diana Schad is now leading the Grand Rapids-based Family Business Alliance as its CEO. The former Washington, D.C. lawyer — whose husband, Matt Schad, runs the family-owned Nucraft Furniture Co. — believes that family-owned businesses tend to operate very differently from other companies and therefore require specialized advocacy and research. Schad spoke with MiBiz on these topics, as well as her desire to diversify the Family Business Alliance’s membership. 

Published in Q&A

Sunday, 24 December 2017 15:35

Family-owned businesses wrestle with talent concerns

As president of Grand Rapids Label and chair of the Family Business Alliance, Bill Muir understands what family-owned companies are going through right now. According to Muir, manufacturers remain optimistic heading into the new year, and they’re making more investments to support their customers.

Published in Economic Development
Sunday, 17 September 2017 12:41

Family-Owned Business Roundtable: Profits, preserving legacies and taking the long view

Running any business is challenging, but when you add the dynamics of family ownership into the mix, it creates an entirely different set of hurdles.

Published in Small Business
Sunday, 17 September 2017 12:38

All in the family? Not always — West Michigan family-owned businesses turn to outside leaders

Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent

Published in Small Business

Sunday, 17 September 2017 12:38

All in the family? Not always: West Michigan family-owned businesses turn to outside leaders

Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent

Published in Small Business
Sunday, 07 August 2016 13:34

West Michigan family businesses adjust to new realities

The company CEO Marc Schupan runs today barely resembles the Schupan & Sons Inc. he took over more than 40 years ago following the sudden death of his father. 

Published in Breaking News