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Resolving the rising generation paradox

Published July 9, 2020 Amy Hart Clyne |

Every generation has its defining moments, particularly for the youth who are coming of age. For the Silent Generation, it was the Great Depression and World War II. For Baby Boomers, it was the civil...

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Yields are near 0%. Why should I own bonds?

Published July 8, 2020 Erich M. Hickey, CFA® |

Since 1981, when the 10-year U.S. Treasury yield peaked at over 15%, investors have enjoyed the benefit of holding Treasury bonds in their portfolios. Longer-maturity Treasuries have been the perfect ...

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Family-owned retail chain stays strong during pandemic

Published June 24, 2020 Barbara Spector |

Robert Matthews (Matt) Beall III’s promotion to CEO of Beall’s Inc., a retailer based in Bradenton, Fla., was announced in December 2019. Just three months later, the COVID-19 pandemic struck the ...

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Planning opportunities for these unprecedented times

Published June 24, 2020 Mark Bernstein |

This year, as the COVID-19 pandemic has upended our lives, our attention is focused on the wellbeing of our families and loved ones. Because their futures are our top priority, there may be no better ...

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Flush with success

Published June 23, 2020 Beth Braverman | Feature Article

The memes came first.In late February, Juan Corzo III started seeing social media memes about how consumers were stocking up on toilet [[{"fid":"12583","view_mode":"default","fields":{"format":"defaul...

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Ohio Art Company

Published June 23, 2020 Barbara Spector | Feature Article

Ohio Art has reinvented itself several times in the 112 years of the company’s existence.Henry Winzeler, who founded the Bryan, Ohio, company in 1908, started out making metal picture frames and [[{...

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Kemin Industries

Published June 23, 2020 Barbara Spector | Feature Article

When the Nelson Family Foundation decided to give $50,000 to the Food Bank of Iowa to help address a spike in need because of COVID-19, the plan was put into action quickly.“I think we initially had...

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J.W. Lopes

Published June 23, 2020 Barbara Spector | Feature Article

Jeff and Elyssa Kotzen’s hot yoga class on Friday, March 13 was not a zen experience.Jeff, the fourth-generation vice president of J.W. Lopes, a wholesale produce and dairy distributor in Chelsea, M...

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Sessler Environmental Services

Published June 23, 2020 Barbara Spector | Feature Article

When COVID-19 began to spread through the United States, the Sessler family saw an opportunity for one of their businesses.Sessler Environmental Services (SES) of Rochester, N.Y., provides environment...

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Values guide business families during COVID-19

Published June 23, 2020 Barbara Spector | Feature Article

The COVID-19 pandemic has forced business families to make decisions with sweeping ramifications. Steps taken to ensure business survival have had to be balanced with precautions to avoid health risks...

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Lacerta Group answers the call for face masks

Published June 23, 2020 Beth Braverman | Feature Article

Pivoting to make a new product quickly has always been a hallmark of Lacerta Group Inc., a family-owned plastic packaging manufacturer based in Mansfield, Mass.But never has the company shifted gears ...

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NextGens to Watch 2020

Published June 23, 2020 | Feature Article

Whether they aspire to work in the family company or take a leading role in governance, NextGen members of business families often struggle to find their niche. In addition to acquiring the experience...

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Succession planning is the key to family enterprise resilience

Published June 23, 2020 Robert "Bobby" Stover Jr. | Advisers

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Adding independent directors takes your board to a new level

Published June 23, 2020 Steve McClure | Advisers

Soon after a family business recruits the first independent directors to its board, the business owners commonly marvel, “I am impressed that such remarkable and accomplished people would join our b...

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Quickstep pivot

Published June 23, 2020 Barbara Spector | Departments

For decades after COVID-19 finally fizzles out, scholars in many disciplines will be analyzing the lessons learned from this crisis. We don’t need the advantage of hindsight, however, to recognize o...

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The new normal

Published June 23, 2020 Caro U. Rock | Departments

Never in my wildest nightmares did I think we would still be in partial lockdown as the July/August issue of Family Business went to press, but here we are. While COVID-19 has wreaked havoc on our wel...

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Dueling Perspectives: Faith and the family business

Published June 23, 2020 Barbara Spector | Departments

The family owners of A. Duda & Sons — a diversified enterprise based in Oviedo, Fla., with operations in farming, ranching and agricultural management, real estate development and commercial pro...

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July/August 2020 Family Matters

Published June 23, 2020 | Departments

Scott Teerlinck has joined Crescent Electric Supply Co., a 101-year-old family company based in East Dubuque, Ill., as president and CEO. Teerlinck succeeds Marty Burbridge, who is retiring after more...

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At the Helm: G.A. Taylor Fernley

Published June 23, 2020 Patricia Olsen | Departments

Generation of family ownership: Fifth.About the company: We’re an association management company with the distinction of having founded the industry in 1886.Number of employees: We have 10 employees...

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Celebration Corner: Centier Bank's 125th anniversary

Published June 23, 2020 Barbara Spector | Departments

The Business: Centier Bank currently has 64 retail locations throughout Northern and Central Indiana plus a corporate campus in Merrillville, Ind. In April, the bank passed $5 billion in assets, a sig...

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