February 22, 2024

Kindred Connector

A newsletter connecting the Maine family business community

Believe you can and you're halfway there.


~ Theodore Roosevelt ~

IFOB Upcoming Events - Quick Look


Followed the same day with our NEW! program:

IFOB News

Last Call! Peer & Affinity Groups

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Next Generation -

1st meetings start Mar 7



Executive I, II, III

A facilitated roundtable discussion with Next Generation members working at the top management levels within their company.


Executive Blend

A facilitated roundtable discussion group for those who have worked in the family business for a while, moving towards or into an executive role.


Open to Family Business Members only. Not open to Associate Partners. Space is limited. Reservation required.

Reserve Your Space Now
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Women's Leadership Forum -

1st meeting is Wed, Mar 6


A facilitated roundtable discussion with fellow women in leadership roles in the family business. Our goals for this forum include support, encouragement, inspiration, and information.


Open to Family Business Members only. Not open to Associate Partners. Space is limited. Reservation required.

Reserve Your Space Now
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EOS Think Tank -

1st meeting is Mar 22


A facilitated round-table discussion that will focus on how EOS, a simple, proven business operating system can help your entrepreneurial organization clarify, simplify, and achieve its vision.


Open to Members only (all levels). Reservation required.

Reserve Your Space Now
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Working Parents Peer Advisory Group


A dynamic working parents group that's committed to supporting each other and addressing the unique challenges faced by parents in the workplace.


Open to Members only (all levels). Reservation required.

Reserve Your Space Now

IFOB Events

"How-To": Your Family Business' Resiliency Depends on its Structure


Thursday, March 21

8:00 a.m. - 10:00 a.m. In Person | BerryDunn Portland

8:30 a.m. - 10:00 a.m. Zoom


Your family business’s resiliency depends on its structure strategies for whether your business is solely owned, sibling controlled, or diffusely owned. To truly understand the issues that impact a family business, you must see them for what they are: Family businesses are not a monolithic block, but rather a “species” with various sub-species, and any advice given to them should be tailored to fit that specific sub-species. At this workshop, we’ll identify the three types of family business, their structures and how to best develop a strategy to improve our opportunities for resilience and longevity. 


Free for Members and Guests

Future (Non) Members In Person $35 | Zoom $15

Learn More & Register

Join us after the "How-To" above for a workshop on this very important topic!

"How-To": Develop a Board of Advisors Workshop


Thursday, March 21

10:30 a.m. - 11:30 a.m. In Person | BerryDunn Portland

Zoom


“Developing a board of advisors (BOA) can be an incredibly powerful tool to improve the success of your business. Creating a board of advisors could perhaps be the best investment that a business owner can make, but how you go about developing one makes a difference. Our approach is different than most. We remove the mysteries of creating a Board and provide you with a clear how-to guide, insight, tools and methodology”. – Ted Clark


This program follows “Your Family Businesses Resiliency Depends on its Structure” How-To program earlier the same morning at BerryDunn.


Click here or on the image below for more information on Ted’s book.


Free for Members and Guests

Future (Non) Members In Person $35 | Zoom $15

Register

Member News

A Year After Fire, Gifford's Ice Cream Resumes In-House Production


MAINEBIZ | February 21, 2024 A year after a devastating fire forced a halt to production, Gifford's Ice Cream on Tuesday announced it's again turning out frozen treats at its Skowhegan plant. 


The Maine-based company said the first test batches rolled off the line in early February. By the end of 2024, the company said, it's aiming to bring all production back in-house to Skowhegan.


To get back up and running, the family-owned business has carved out a smaller production area, roughly 30% of the full area. There are two lines to produce quarts and bulk flavors for wholesale customers.

Read More

Legacy Properties Sotheby’s International Realty Achieves Record-Breaking Results in 2023


Portland, Maine (January 2024) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in PortlandKennebunkBrunswickDamariscottaCamden, and Northeast Harbor, announced that it achieved annual property sales of $865 million in 2023, totaling 898 transaction sides and a record-breaking average sales price of $964,000. The company also beat its own record for its highest-value property sale, “Floating Boulder” in Orland, Maine, for $8.5 million last year, with two extraordinary property sales of $9 million in Kennebunkport and $9.75 million in St. George. The company also succeeded in numerous record sales in multiple communities throughout the state. Legacy Properties Sotheby’s International Realty continues a long-running string of record-breaking annual performances.

Read More

Legacy Properties Sotheby’s International Realty 2023 Significant Sales Publication


We are pleased and proud to share our 2023 Significant Sales publication. Personally and professionally, its creation is one of the most impressive yet humbling exercises that we undertake each year. Now is the time to take stock in our accomplishments and numerous record-breaking achievements throughout the state of Maine.

Read More

2024 Annual Family Businesses Survey Now Open


Advocacy for family businesses at a national level is fueled by the insights and concerns of individuals like you. Legislators in Washington, DC need to understand the heartbeat of these businesses—your issues, your triumphs, and your challenges. You are the driving force behind change.


We invite you to be a part of this movement by participating in a quick 5-minute ANONYMOUS survey. This survey is a powerful tool to showcase to legislators that family businesses are not just vital to America, but indispensable to the fabric of our communities. Your input strengthens the foundation for better policies and support.

Take the Survey Now

First Caucus Meeting in DC on March 12 


What are the greatest differentiators/advantages to working in a family business from an employees perspective?


Family Enterprise USA is looking for family members of family businesses to attend the caucus meeting with an employee(or more) to tell their story. They welcome employees willing to attend solo as well.

 

There will be lawmakers, staff, Caucus members & someone from the administration in attendance.

Interested? Contact John Gugliada

Good To Know

Governor Mills Announces More Than $3 Million in Maine Jobs & Recovery Plan Grants to Strengthen Sales of Maine Made Products


February 20, 2024 | Forty Maine businesses will undertake projects to market their products to new customers throughout Maine and the United States

Governor Janet Mills announced today that 40 Maine businesses have been awarded $3.13 million in grants from her Maine Jobs & Recovery Plan to increase sales of Maine-made products across the United States.


The Domestic Trade Program offers Maine businesses financial and technical support to develop new market opportunities across the United States. The $6 million Jobs Plan initiative is modeled on a key recommendation of Maine’s 10-Year Economic Development Strategy to promote economic growth and strengthen Maine’s business climate for startups.

Keep Reading

Member Job Listings


Below are the latest job openings posted on our Job Listings page. Members can submit their own listings when logged into the Member Portal. Once a job is filled, be sure to let us know so we can remove it from the site.


View More Jobs

IFOB Members: Promote Your News

Promote your company news through the "Resources" section of our website!


One of the many perks of being a member is promoting your latest news and announcements to our Maine family-owned business community. Be sure to share any press releases, articles, podcasts, or other information featuring your business or sharing your unique expertise on a relevant topic or issue.


For more information on how to submit your news, view our video or download this cheat sheet. If you need assistance please contact Brooke Stewart at 207.281.2414 or brooke@fambusiness.org.


Here is a screenshot of our Resources page if you need a visual!

Log In & Submit Now!

Learn more about the IFOB family!

Catherine Wygant Fossett

Executive Director

catherine@fambusiness.org

207.798.2667

Brooke Stewart

Director of Communications

brooke@fambusiness.org

207.281.2414

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