12-2012
Crop Insurance Solutions
Farmers and Merchants Banks
Harper Industries
Henderson State Bank
Horsch North America
Lance Woodbury
MEDA
Rembolt-Ludkte LLP
Slepicka Construction /
Wet Field
Sustaining
Your Your Family Business
Date: January 26, 2013
Time: 11:00am — 3:00pm
Location: Chances “R” Restaurant-Lounge
West 5th Street, York, Nebraska
The Event
About MEDA
Registration
The SponsorsSustaining Your Family Business is a one-day event organized by MEDA that focuses on bringing like-minded families and business leaders from South Dakota, Kansas and Nebraska together to discuss best practices and discover new ways to grow a long-lasting business. Family business consultant and author Lance Woodbury and Timothy Moll, an attorney who specializes in business planning solutions, will lead discussions concentrating on family business life cycles, systems and planning processes. You will have the opportunity to learn how to:
• Work through conflict to bring about healthy change
• Ensure the enduring legacy of your family business and reflect your values
• Craft a solid succession plan
• Understand the keys to a successful family business
• Balance your family and your business
• Craft a transition plan that will hold up
You will be investing in the sustainability of your business while you simultaneously multiply opportunities for the poor. Proceeds from the event will be going to support clients of MEDA’s Farmer to Farmer-related projects in Ethiopia, Ghana, Ukraine and Pakistan. While you are getting assistance with making your family business better, you’ll also be providing help to grow a fellow entrepreneur’s agricultural enterprise.
MEDA (Mennonite Economic Development Associates) is an international development association that creates sustainable business solutions to poverty and spurs community economic growth for millions. For close to 60 years, MEDA has been designing and implementing innovative and effective market-driven economic development programs that improve the livelihoods of families living in poverty around the world.
Founded by a small group of service-oriented Christian business people, MEDA has grown to become a large, dynamic international organization comprised of thousands of members and supporters across North America and Europe. Compassionate women and men invest in areas of poverty around the world; they help others unleash their potential to earn a livelihood in order to provide for their families and enrich their communities.
Learn new lessons that you can apply to your family
business and at the same time give back to MEDA’s
agricultural projects around the world. We invite you to
register online at www.family.meda.org today! If you have
any questions or wish to register over the phone, you are
encouraged to contact Sheila Brubaker at (800)-665-7026
or by emailing [email protected] for more information.
Registration Price $35 for the first attendee and
$25 for each additional member
of your family or business
leadership team
What’s Included All sessions, a delicious lunch
buffet, and a copy of Lance
Woodbury’s book, “The Enduring
Legacy: Essential Family
Business Values”
Registration Deadline January 22, 2013
The Agenda11:00 Critical sustainability concepts
a. Successful family business elements: Life cycle, systems and planning process
b. Key drivers: Vision, goals, business structure, roles
c. The people side: Expectations of family and employees
d. Goals and governance for business performance
e. Transitions, communication and other essential decisions
12:00 Lunch and small group discussion
a. Values that have shaped your business
b. Drilling down into the critical concepts
c. Potential for future family involvement
12:45 Key questions for discussion in small groups
a. 12:50 – 1:10 Mike Miller - Philanthropy as a Key Ingredient in the Transition
b. 1:15 – 1:35 Sid Burkey – The Story of a Family Business Sale & New Roles: The “Why”
c. 1:40 – 2:15 Tim Moll - Ownership transition: Key Estate Strategies
2:15 Family business values and stories
—The importance of and process for articulating
2:40 Summary
General Q&A, evaluation, and today’s takeaways
3:00 Adjourn
Lance Woodbury began his career as the economic development director in Wichita County, KS, and still maintains an interest in his family’s ranch. Prior to forming his own consulting firm, Lance served in a number of consulting and leadership roles at a Top 100 accounting firm, most recently leading their agriculture practice.
Lance currently serves as a trustee of the Finnup Foundation and as a member of the Farm Foundation Round Table, the Association for Conflict Resolution, and the Family Firm Institute. Lance is a featured columnist, DTN Farm Business Advisor, and an inspiring keynote speaker for Progressive Farmer, presenting at the recent DTN Ag Summit in Chicago and other venues.
Lance Woodbury
Tim Moll
The Speakers
Timothy L. Moll is a partner with the law firm of Rembolt Ludtke LLP and works out of the firm’s offices in Seward and Lincoln, Nebraska. He practices in the areas of taxation, municipal finance, entity planning, estate planning, and probate administration. He is an adjunct tax professor at the University of Nebraska College of Law and a regular presenter on tax and estate planning topics.
Tim is a fellow of the American College of Trust and Estate Counsel, a fellow of the Nebraska State Bar Foundation and a board member and past president of the Great Plains Federal Tax Institute. He received his Bachelor of Arts Degree in Business Administration from Concordia College, Seward, Nebraska, and his Juris Doctor (with highest distinction) from the University of Nebraska College of Law.
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