FBF Briefs

FBF Briefs

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Future Events

Cindy Clarke Executive Director

UNC Asheville

Family Business

Forum

One Universtiy

Heights

Owen Hall

CPO# 1800 Ashville, NC

28804

828-232-5091
unca.edu/fbf/

Strategic Partners

SBTDC Small Business & Technology

Development Center is a
business developmentservice of NC State University and the University

of North Carolina system,
providing management
counseling and educational services to small
and mid-sized businesses
across North Carolina.

Women's Wisdom Exchange
Watch a panel of successful women share their challenges and wisdom with college students. Program was filmed on
2/9/12 at UNC Asheville.

Panelists include FBF members, Laura Dover Doran, and Kathy Hoyle. Click for video link or watch on Asheville Educational TV.

Selected Events

The Family Business Forum is not affiliated with these programs but promotes to its constitutents.

A Skills Gap Symposium

for Employers in Buncombe County

Monday, March 5, 2012

8:00-10:00 a.m.

Haynes Center, Room 200

A-B Tech Enka Site

RSVP to Shaana Norton

by February 20, 2012

254-1921 ext. 7566 or snorton@abtech.edu

Family Entrepreneurship: Growing the Family Business Across Generations

May 16 - 17, 2012

Babson Executive Center

Babson Park, MA

www.babson.edu/bee/family

The curriculum will cover key aspects of entrepreneurship leadership with the specific goal of preparing family businesses to create new streams of wealth across generations.

Dear (Contact First Name),

This is the latest copy of FBF Briefs. Its intent is to keep you informed on family business issues and up to date on future Forum programs.

Welcome New Member!

National Wiper Alliance owner, Jeff Slossman says the company name was created to express his approach to business. National refers to his core market, the United States; Wiper indicates his dry cloth product; and

Alliance indicates his belief that the customer relationship is an alliance in providing quality products. The industries his company serves are medical, aerospace, industry manufacturing, transportation, and janitorial. National Wiper Alliance is located at 200 Bingham Road in Asheville, NC.

Worth a Read . . .

The 7 Habits of UNSUCCESSFUL Family Business Leaders

by Wayne Rivers

Habit #7: Family business leaders stubbornly rely on what worked for them in the past.

Many CEOs on their way to becoming spectacularly unsuccessful, accelerate their company's decline by reverting to what they regard as tried and true methods. In today's marketplace, attempting to run your family business the way you did in 1982, 1992, or even in 2002, is a recipe for future trouble. Read complete article.

Why Your Banker Cares About EBITDA

(Earnings before interest, taxes, depreciation and amortization)

by Karl Stark and Bill Stewart

There is no good reason to care about EBITDA, right? Wrong!

Your banker and investors will care and so should you. The primary goal of bankers, venture capitalists, and other investors is to predict future cash flows, because it is the most objective measure they have at their disposal. Note, it is not the BEST way to value a company, just the most objective. Read complete article.

Calendar of Events Exclusively for FBF
Partners, Members & Guests

Family Business Health 101

Tuesday March 6, 2012 8:00 - 11:00 a.m.

Mountain View Room, Wilma Sherrill Center

UNC Asheville Campus

8:00 am Coffee and Conversation

8:30 am Healthcare Update Learn the latest changes in healthcare regulation for family owned businesses from benefits expert, Sharon Robbins, Insurance Service of Asheville.

9:30 am Identifying Addiction Don Boone, MSW, will identify signs of addictive behavior and provide ways to resolve and prevent this affliction in the workplace.

10:30 am Healthy Workplace Discussion Led by personnel from

Johnson, Price & Sprinkle, Chi Living, and David Gardner, Director of UNC Asheville Health and Wellness Center.

RSVP required to cclarke@unca.edu (828)232-5091 or

click here to register on line.

The Next Gen in the Family Business

2 Programs for 2 Generations

3 teens