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Succession planning can help family business stay in the family

Succession planning is an important part of long-term planning for family businesses that hope to pass the company from generation to generation.

According to the Society for Human Resources Management, only 23 percent of U.S. businesses have a formal succession plan in place.

Wealth planning for the family business

A new paradigm of wealth planning is emerging for families, particularly those who own businesses, dramatically shifting the way a family understands and plans its wealth.


Best family business wealth planning practices

So many business owners are driven by successful outcomes, but in planning for family business wealth, the process itself...

Greenwood converts industrial waste to energy source

For the past five months, Brady Corp. has been sending its industrial waste to be recycled into renewable fuel pellets.

The Milwaukee company, which manufactures high-performance labels, signs, safety devices and printing systems, cannot recycle its adhesive coated waste product in the traditional way.

Cream City Grecycling turns cooking grease into fuel

Used cooking oil containers at restaurants are often treated like trash bins, but a Milwaukee company has seen the value in the congealed fat.

Power at the port

Construction was completed recently for the City of Milwaukee's wind turbine, located next to the Port of Milwaukee's administration...

Wow the customer – Make impressions that last

You don't have to be in a bar in Boston for everyone to know your name. You just need to go to Impressions in Mequon. This hair salon has thrived for more than 30 years while others have closed their doors.

Words of wisdom – Philosophical rules for business

I'm doing some writing in philosophy and came across the "Twelve Rules of Native American Philosophy." It struck me that most of these rules would make a powerful guiding light for any business organization. (These rules were posted anonymously on the Internet.)
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Solitude – Take time to think by yourself

Please look at the graph that accompanies this column. This is the rate of technological change in our economy today. This is enough to make a normal leader turn paranoid.

BizNotes

DCI Cheese CompanyRichfield-based DCI Cheese Company recently expanded its product offerings for its Nikos and Landana brands. The company...

SBA Loans

The U.S. Small Business Administration (SBA) approved the following loan guarantees in February:Ackley Painting, 401 Garrison Dr., Lake Geneva,...

Personnel File

AccountingKelly Arduino, health care director of financial advisory services with Wauwatosa-based Wipfli LLP, has been appointed the co-chair of...

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