{"id":16080,"date":"2012-04-13T16:47:08","date_gmt":"2012-04-13T16:47:08","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=16080"},"modified":"2017-11-03T12:41:15","modified_gmt":"2017-11-03T16:41:15","slug":"best-practices-for-family-enterprises-presented-at-workshop","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2012\/04\/best-practices-for-family-enterprises-presented-at-workshop\/","title":{"rendered":"Best practices for family enterprises presented at workshop."},"content":{"rendered":"<p>If your boss is \u201cUncle Dave\u201d and co-workers are your kids and marketing plans are as likely to be discussed in the rec room as in the board room, well, chances are you\u2019re part of a family business.<\/p>\n<p>This tradition certainly has a rich heritage, particularly in the Miami area, but it also brings unique challenges. Offering advice to family-owned and operated businesses was the focus of \u201cFamily Enterprises: Best Practices\u201d on March 21, 2012 at Florida International University (FIU). The event was the latest workshop conducted by the Family Business Forum, part of the Institute for Family Business in the Eugenio Pino and Family Global Entrepreneurship Center, part of the College of Business Administration.<\/p>\n<figure id=\"attachment_16081\" aria-describedby=\"caption-attachment-16081\" style=\"width: 250px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16081 size-full\" title=\"Julie Neitzel\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2012\/04\/Julie-Neitzel.jpg\" alt=\"Julie Neitzel\" width=\"250\" height=\"385\" \/><figcaption id=\"caption-attachment-16081\" class=\"wp-caption-text\">Julie Neitzel<\/figcaption><\/figure>\n<p>Guest speakers Julie Neitzel and Hunter Wilson of GenSpring Family Offices, LLC, a company working extensively with entrepreneurs and wealthy families, offered the 23 attendees important information, including the \u201c10 Commandments for Family Business Succession\u201d and a comparison of governance styles.<\/p>\n<figure id=\"attachment_16083\" aria-describedby=\"caption-attachment-16083\" style=\"width: 475px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16083 size-full\" title=\"Hunter Wilson\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2012\/04\/Hunter-Wilson.jpg\" alt=\"Hunter Wilson\" width=\"475\" height=\"316\" \/><figcaption id=\"caption-attachment-16083\" class=\"wp-caption-text\">Hunter Wilson<\/figcaption><\/figure>\n<p>\u201cThis was an excellent event, making our family members realize we need to get our act <em>back<\/em> together,\u201d said attendee Beth Graham Martinez of The Graham Companies, a privately held company founded in 1932 by her grandfather. Today the company owns and manages over three million square feet of industrial, retail and office space in Miami Lakes, Florida.<\/p>\n<p>\u201cMany changes have happened since we formulated a well-thought-out plan many years ago,\u201d Martinez said. \u201cIn discussing ideas from the forum, we decided to start communicating with one another more frequently, especially now as the next generation is getting involved in the business.\u201d<\/p>\n<figure id=\"attachment_16082\" aria-describedby=\"caption-attachment-16082\" style=\"width: 540px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16082 size-full\" title=\"Group photo\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2012\/04\/Group-photo.jpg\" alt=\"\" width=\"540\" height=\"383\" \/><figcaption id=\"caption-attachment-16082\" class=\"wp-caption-text\">Andrea Rechichi, The Graham Companies; Beth Graham Martinez; Joyce J. Elam, executive dean, College of Business Administration; Luis Martinez, Graham Companies; and Melissa Gracey, marketing director, Berkowitz Dick Pollack &amp; Brant<\/figcaption><\/figure>\n<p><em>Forum offers valuable resource and platform. <\/em><\/p>\n<p>Under the leadership of director Jerry Haar, the Pino Center established the Family Business Forum to help family enterprises understand the life cycles, values and culture of their companies.<\/p>\n<figure id=\"attachment_16084\" aria-describedby=\"caption-attachment-16084\" style=\"width: 540px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16084 size-full\" title=\"Jerry Haar and Jorge Munilla MCM Corp\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2012\/04\/Jerry-Haar-and-Jorge-Munilla-MCM-Corp.jpg\" alt=\"\" width=\"540\" height=\"360\" \/><figcaption id=\"caption-attachment-16084\" class=\"wp-caption-text\">Jerry Haar and Jorge Munilla, MCM Corp.<\/figcaption><\/figure>\n<p>\u201cOur member-driven forum offers an interactive and neutral platform on which a rich exchange of information takes place between principals of family businesses and FIU faculty as well as advisors and consultants,\u201d said Mercedes LaRue, Family Business Forum director.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If your boss is \u201cUncle Dave\u201d and co-workers are your kids and marketing plans are as likely to be discussed in the rec room as in the board room, well, chances are you\u2019re part of a family business. This tradition certainly has a rich heritage, particularly in the Miami area, but it also brings unique [&hellip;]<\/p>\n","protected":false},"author":69,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10],"tags":[813,837,1157,1288,1405],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/16080"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/69"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=16080"}],"version-history":[{"count":4,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/16080\/revisions"}],"predecessor-version":[{"id":29416,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/16080\/revisions\/29416"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=16080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=16080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=16080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}