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Kindred Connector
A newsletter connecting the Maine family business community
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If your actions create a legacy that inspires others to dream more, learn more, do more and become more, then you are an excellent leader.
~ Dolly Parton ~
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IFOB Upcoming Events - Quick Look
Followed the same day with our NEW! program:
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Resources for family business succession planning
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Q: My brother and I work for our family business. We know our father will retire, and that there may be unexpected events. Can you suggest resources for starting a family conversation about the business’ future? | |
ACE advises: You are not alone; 80% of Maine’s businesses are family-owned, so others have faced similar situations. Navigating “the talk” — the succession talk — can be challenging depending on your family’s openness to future planning. Keep reading for some best practices from the Institute for Family-Owned Business, a nonprofit supporting and empowering family-owned businesses in Maine. | |
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"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
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Join us after the "How-To" above for a workshop on this very important topic! | |
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"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
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It's Up to Us: Pursuit of a Just & Inclusive Economy
Thursday, March 14
1:00 p.m. - 2:00 p.m.
Virtual
Join Key4Women National Director, Rachael Sampson for a conversation with Founder, Executive Director and equality and equity champion, Leslie Smith to celebrate the progress made by women in business while also addressing the ongoing challenges they face, and the work needed to achieve true equity and inclusion.
In this webinar, participants will learn:
- How to challenge historical notions of leadership, emphasizing the importance of vulnerability
- How to lead by example by advocating for each other and using personal growth and self-awareness in effecting organizational change
- How to foster innovation and sustainable growth within business
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HR Bootcamp: Burnout Prevention for Business Leaders
Friday, March 22
8:30 a.m. - 2:30 p.m.
SerenityMe Studios | 449 Forest Avenue, Studio 212, Portland, ME
Did you know there is a cycle of burnout and best practices for preventing, interrupting, and recovering from it? Join Pasha Marlowe (she/they) for a presentation on burnout, including 3 types of burnout and 5 ways to manage it. This will be an inclusive, educational, entertaining, and interactive presentation that will allow for storytelling, group discussion, and individual questions. Participants will leave with a deeper understanding of how burnout can play out on an individual, team, and systemic level.
$89.00 (includes lunch from The Hungry Gains, sponsored by SoulBeing)
$69.00 IFOB Members
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The Family Business Executive Forum
Challenging Power Structures
Thursday, March 28
12:00 p.m. - 1:15 p.m.
Live via Zoom
Breaking ceilings, setting boundaries, accepting imperfections, and leveraging collective strength for individual and organizational growth as women in leadership.
Join us at our first Exclusively Women-Led iteration of the Family Business Executive Forum! This month’s forum will be led by Amanda Laden of The Center for Conscious Living and Fulfillment, with special guests Amanda Grappone Osmer, Chief Vision Officer of Grappone Automotive and Rebecca Hamilton, Co-CEO of W.S. Badger Company!
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The TranscendHer Group
A Year-Long Peer Experience
Applications Open for April 2024 Group
Are you a woman in a leadership position within a family business? Do you want to elevate your leadership, carve your own authentic path, make a mark on your organization and industry and leave your legacy?
The TranscendHer Group is an exclusive, year-long program designed by The Center for Conscious Living and Fulfillment, tailored for women who are not just seeking leadership roles but are on a quest to redefine what confident, authentic leadership in family business means. This program is for the driven, the open-minded, and the transformation-seekers who believe in a legacy beyond profits—a legacy built on unity, well-being, and purpose.
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Mixing things up on the midcoast: Scone Goddess teams with Bixby Chocolate
MAINEBIZ | March 6, 2024 | Two midcoast food brands are mixing things up with a new premium scone mix set to make its debut at the New England Made Giftware & Specialty Food Show in Portland next week.
The new product, Cherry Chocolate Almond Chunk, is made by the Scone Goddess, a Northport brand with national ambitions, using bar chocolate from Rockland-based Bixby Chocolate.
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The Business Funding & Resource Forum to be offered across Maine
WABI | March 4, 2024 | Calling all business owners and possible start-ups! Whether you’re just starting or looking to expand, there is a forum that provides a unique opportunity for business entrepreneurs to learn from experts, network with fellow business owners, explore diverse funding options, and gather free & low-cost business resources. The Business Funding & Resources Forum is an interactive event designed to connect entrepreneurs and business owners with valuable insights and resources for securing funding, business resources, and business services.
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Member Job Listings & News
Bangor Renys now hiring and gearing up to open in April
WABI | February 29, 2024 | “We’re looking for sales associates, and we have a mindset that everybody helps out, does everything. So, you might be running register. You might be doing customer service, interacting with customers on a floor, stocking shelves. We do it all. You could even be unloading a truck, so we train for everything. We cross train throughout the store, so everybody helps out. You’re always doing something different, and it’s fun,” said Nicholas Tripp, Renys Regional Manager.
| View 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. | | |
IFOB Members: Promote Your News | |
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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!
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Learn more about the IFOB family! | |
THANK YOU TO OUR FOUNDING SPONSORS | | | | |
