As a highly volunteer-driven organization, FBC can’t say enough about our Family Business Members and Technical Advisor Members who stepped-up, donated time and energy, and their expertise to help get hundreds of family businesses in our region through these turbulent times. FBC will continue to be here for YOUR family businesses through the tough times, the milestones, and the successes!  We are #familybusinessstrong! 

Take a moment to get to know our MEMBER ROCKSTARS as we say THANK YOU!

Kay Brooks, Weintraub Tobin

How has the pandemic affected your outlook?

It reminds me that things can change in a flash. More than ever, we should appreciate all that’s good, do what needs to be done, and keep in mind that most people are doing the best that they can. We don’t know what hardships others are facing right now.

What are some of the new trends you are seeing in your industry?

One trend is a renewed focus on health care directives and related topics.

What do you value most from your FBC membership and participation in the organization?

FBC offers a wide range of amazing resources to its members, and I encourage my clients with family businesses to join and reap the benefits. By participating and hearing the members’ concerns and interests, I learn information that is useful in my practice for all my clients. And I find that FBC members are a great group of people!

Contact Kay Brooks

BFBA logo

Ben Brown, B|F|B|A

BFBA has been a long time member and supporter of the FBC. Ben was tapped or as he likes to call it, “voluntold” to step in and share his research and knowledge on PPP and how to navigate the ever-changing rules and regulations. Ben’s understanding of PPP and his ease in explaining complex changes has been invaluable.

Contact Ben Brown

Riley Gardner, River City Bank

Riley Gardner has been a member of the Programs+Events Committee for over a year and leads the NextGen Group. Riley has been invaluable in quickly understanding, preparing, and presenting all things PPP to our members and the community at large. All of our PPP programs had the highest attendance rates, primarily due to Riley’s ability to translate confusing information in a clear, insightful manner.

Contact Riley Gardner

Rediger Labor Law logo

Robert L. Rediger, Esq., Rediger Labor Law

How has the pandemic affected your clients’ businesses?

We are a law firm that represents companies in labor and employment-related matters. Our unionized clients have had to lay off employees under their collective bargaining agreements resulting in numerous grievances being filed by the unions alleging that employees were having their hours reduced or being laid off out of seniority. Non-union employers have had to deal with employees wanting to self-quarantine, assuming they would telecommute and continue to receive regular pay and benefits, requesting specific protective equipment to continue working, and requesting to be laid off to collect generous unemployment benefits.

How has the pandemic affected your outlook?

The courts have been closed so new lawsuits cannot be filed, but we anticipate employment-related lawsuits being filed alleging employers’ failure to reimburse expenses incurred when working at home, to grant employees’ requests for reasonable accommodations when working during the coronavirus, to pay overtime, to pay a premium for missed meal or rest periods, etc.

What is your clients’ most common pandemic/shutdown question/issue and how do you help them solve it?

How does the Families First Coronavirus Response Act that President Trump signed on March 18, 2020 affect my business. The law requires covered employers to provide paid sick leave to employees who are unable to work due to specified coronavirus-related conditions, and it expands certain protections of the Family and Medical Leave Act to all employers employing 500 or less employees.

What are some of the new trends you are seeing in your industry?

Attorneys are presenting seminars on the Families First Coronavirus Response Act and the Paycheck Protection Program.

What do you value most from your FBC membership and participation in the organization?

The welcoming people in FBC and their willingness to share information regarding family businesses.

Contact Robert Rediger

Curt Rocca, DCA Partners

How has the pandemic affected your clients’ businesses?

The gamut has been very broad. Most of our clients are B2B and they have fared pretty well. When you layer in the benefits they have garnered through the PPP program, most expect 2020 net income to broadly come in on plan, and expect a recovery into 2021. Obviously, this is a bit polarized and binary depending on industry- with some B2C or non-essential businesses with difficulty shifting to a remote workforce are broadly and deeply struggling.

How has the pandemic affected your outlook?

Like all shocks, there will be winners and losers. In addition, there are likely to be both near-term shifts and long-term systemic trends. I personally believe that we are likely to encounter a tough Q3 as the retail and B2C segment goes through a shift, unemployment benefits begin to wane, and PPP proceeds are exhausted. That said, there will be winners who are well-positioned, or are nimble enough to pivot, to capitalize on these changes.

What is your clients’ most common pandemic/shutdown question/issue and how do you help them solve it?

Initially, it was around unemployment, workshare and PPP. Now it is shifting to return to work policies, liability to companies if employees get sick, best practices to promote employee engagement in a remote (or hybrid) work environment, etc.

What are some of the new trends you are seeing in your industry?

Due diligence, management meetings and even site visits are now being done via Zoom or Teams meetings.

What do you value most from your FBC membership and participation in the organization?

Opportunity to work, interact with, and learn from, various generations of our region’s top family businesses- and trying to be helpful to them as I am able.

Contact Curt Rocca

Silvers HR Fall Family Business Forum: The Evolving Workplace

Kim Silvers, Silvers HR

Kim Silvers is an active member of the Programs + Events Committee. She has played an active role in planning previous Family Forum Events and also led the charge last year in launching our webinar series. Kim is a trusted technical advisor and always strives to help the committee develop the best programs possible for our membership.

Contact Kim Silvers

Nathan Torinus, Genovese Burford & Brothers

How has the pandemic affected your clients’ businesses?

It’s a broad range from hardly impacted beyond the working from home shift to near total erasure of revenue.

How has the pandemic affected your outlook?

We are a financial advisor, so the movement of the stock market directly affects our clients and our revenues. Going forward, in the short-term at least, we believe that downside risks to the market outweigh the upside. The market, led by growth stocks, has had a great run from the recent bottom on March 23, and we are getting a little concerned that the S&P 500 is pricing in a quicker economic recovery than our base case. So, we expect turbulence and some setbacks before we feel like we’re back on “solid” ground. The prevailing sentiment is uncertainty, which makes it hard to plan and act with confidence.

What is your clients’ most common pandemic/shutdown question/issue and how do you help them solve it?

Lots of clients want to know what the market is going to do over the next six months. We spend a lot of time researching the economy and markets and other leading thinkers in those areas, check what we learn against our own knowledge and experience, and try to give our clients our best take on the dynamics that will matter while reminding them that even experts can’t predict exactly what’s going to happen.

What are some of the new trends you are seeing in your industry?

Accelerating of digital and virtual service offerings.

What do you value most from your FBC membership and participation in the organization?

The opportunity to interact with high-quality people.

#familybusinessstrong