Recent surveys have unveiled a resounding consensus among family business leaders: the imperative to explore untapped territories ranks among the top priorities for strategic evolution.
In order to thrive in this highly-competitive environment, new and existing business owners need to find ways to be creative, authentic, and engaging.
At First Bank, we celebrate like-minded, family-owned businesses that have survived and thrived through multiple generations of change. Now, in its fourth generation, First Bank has also done just that.
A board of directors is the fiduciary arm of a company on behalf of its shareholders. Its purpose is to help guide the company on important decisions, including hiring senior team members and setting salaries; making decisions on investments and dividends, mergers and acquisitions; and setting goals for the team and providing the resources to support those objectives to help ensure a company’s long-term success.
In order for a business to be successful, an organization’s leadership often concentrates on the more common business side of the business, including the balance sheet, quarterly sales, and marketing strategies, as well as building a customer-centric culture.
Established in 1960, Hartwig, Inc., is a family-owned, multi-generational manufacturing solutions and support company.
As part of our vision to help family-owned businesses thrive through the generations, First Bank continues to build up products and services to serve this vital segment of the economy. To further help drive this important endeavor, Ed Hart has joined First Bank as the Director of the Center for Family-Owned Businesses.