Did you receive a tax refund this year? Recent data released by the Internal Revenue Service (IRS) shows the average tax refund amount is up $178 at the end of March 2024 compared to the same time last year.
In order to survive and thrive across generations, family businesses must not only identify those individuals who express interest in leading the firm, but also better understand how to successfully prepare the next generation of leadership.
As a multi-generational, family-owned business, we’ve gained first-hand knowledge and experience in addressing the unique challenges family businesses encounter as well as recognizing the importance of stability, progression, and long-term perspective.
To help businesses ensure a seamless transition of leadership, here are some key considerations we’ve learned from our own experience.
In this session, Meridith Elliott Powell, CSP, CPAE, Business Motivational Speaker, Award-Winning Author, and Business Strategist at MotionFirst, shared specific strategies used by world-class organizations to thrive in these uncertain economic times.
The First Bank Center for Family-Owned Businesses held a webinar on January 17th about culture with Dr. Allie Taylor and Donna Brighton. Allie and Donna led a conversation to put together the culture conversations from our October and November webinars, and to increase understanding of how to harness the strength of the family system to build an organizational culture that accelerates business results.
Headquartered in Saint Louis, MO, St. Louis Metro Electric Supply, Inc., a wholesale distributor of electrical supplies and operator of several retail lighting stores, has been providing wholesale electrical and retail lighting solutions since 1967.