Welcome to CFBC’s Newest Members!
Please join us in giving a warm welcome to the newest members of the Chicago Family Business Council! We are honored to welcome these companies into the council and look forward to learning from them and growing stronger as a community…. Read more→
A Sixth Generation Family Business Journey
Journey; also known as the best way to describe family business. Whether part of the 30% of family businesses transitioning into the second generation, part of the 12% maintaining viability into the third generation, or part of the 3% functioning… Read more→
Creating a Stress-Free Environment at Work
Everyone has stress and we all have our own ways of coping with it. Supporting your employees through their stress can ultimately make them more engaged and motivated to come to the office. Here are some suggestions to get your… Read more→
The Who, What & How of Family Meetings
What worries you about having family meetings? “Being told what to do and disrupting the status quo.” “I’m afraid I’ll lose relationships with my family because of conflict.” “There are significant others that might impact the current family harmony.” “I… Read more→
4 Lessons Learned from Family Meetings
Having family meetings was the right thing for the right reason. We wanted open communication between the brothers and partners in order to strengthen the family and business. But most importantly, Joe and I wanted everyone on the same page… Read more→
President’s Message – EFBC 2017 Accomplishments
Earlier this month the EFBC Executive Committee met offsite to review the recent member satisfaction survey and to agree on our Committee’s direction for the 2017 fiscal year. As usual, I walked away that day amazed at how easy my… Read more→
Psyched LLC Testimonial by Frieda Anderson
George Karavattuveetil of Psyched LLC brings balance to our family company. After the recession, our business had a difficult time bouncing back to where it once was financially. We decided to hire a consultant who would focus primarily on strategy… Read more→
President’s Message – Thank You for the Opportunity to Serve
Welcome to a new (fiscal) year for EFBC! As the incoming President, I will speak for the entire Board in saying that we are truly excited about where we are as an organization and where we’re headed this year. I’ve… Read more→
Burke Law Testimonial by Bruce Leska
I met Jonathan Michael of Burke, Warren, MacKay & Serritella, P.C. in 2014 when he opened a Lighthouse Forum meeting with a talk about estate planning and ownership transition. At the time of the meeting I had day-to-day responsibility of… Read more→
Three Ways You’ll Benefit from Taking the TPA
85% of cases where businesses failed to transition were caused by controllable factors 90% of owners hope that their children will join them in the business 35% of family business owners have no plans to retire, ever Do you feel… Read more→
