Issue link: https://nebusinessmedia.uberflip.com/i/1038104
Institute for Family-Owned Business P.O. Box 3364, Portland, ME 04104 INSURANC E Sponsored by our Founding Sponsors: CALLING MAINE FAMILY-OWNED BUSINESSES! LET'S MINGLE AND JINGLE! DECEMBER 12, 2018 WHY THE IFOB MATTERS: l Family-owned businesses make up 80% of Maine businesses, 80–90% throughout the U.S. l Create 70–90% of GDP globally annually. Employ 62% of U.S. workforce. l Family-owned firms have a greater ROA (Return on Assets) than non-family firms by about 6.65%, Family businesses, both young and old, outperform non-family firms (Source: Family Firm Institute, Inc.) l 96% of business owners agree it's important to have an exit strategy. Only 13% have a plan that is current and written. (Source: White Horse Advisors) l There is a 30/13/3% chance that a family-owned business will pass from the first to the fourth generation. WE INVITE YOU TO: l Learn about the over 40 IFOB's programs for business development and planning l Meet our members l Join one of our Affinity Groups: CEO Central, Women's Leadership Forum, Women in Family Business, Next Generation and Leaders in Transition. l Understand how our community of resources can help your business find even greater success The Institute for Family-Owned Business (IFOB) is a nonprofit organization dedicated to the success of family-owned businesses in the state of Maine. " Being a part of the IFOB has been a huge resource for me and my personal professional growth and also for Gifford's Famous Ice Cream. I know I will take at least one piece of information that I can relay to the rest of my family from every program/ event that I attend! With IFOB, the networking opportunities and knowledge base are spectacular!" — Lindsay Skilling, CEO Gifford's Famous Ice Cream Mingle with the Board of Directors, Advisory Board, the Executive Director, and our members, for an evening of networking and celebration. Delicious hors d'oeuvres and a cash bar. COST: Complimentary for Members. $25 for Future Members 5-7 PM at The Woodlands Club, 39 Woods Road, Falmouth u Join us for these programs or call Catherine Wygant Fossett, Executive Director, at 207.798.2667 or visit us at www.fambusiness.org