Episode 18 Charles Hatcher discusses his 5-generation family dairy operation since 1831 in the College Grove, Tennessee community.

In today’s episode, I will ask Charles to share: With only 4% of family businesses successfully transitioning to the 4th generation and beyond, what has been his family’s secret to success? With 5 generations there have been a lot of children, grand-children and great-grandchildren. How did the family decide who was and who was not going to join the business?

Episode 16 Cal Turner, Jr. discussing his recent book, My Father’s Business, the Small-Town Values that built Dollar General into a Billion Dollar Company.

On today’s podcast we will be talking about Cal’s trials and tribulations both within his family and within his family business, Dollar General; what he learned; and how his experiences working in a family business might benefit you where you are today in your family business.

Episode 15: Greg Lewis with David Wells on “Family Governance – What it is and Why it is important for a family business to have a governance model”.

No matter what the size of a family enterprise, the unique – and often volatile – mix of personal family relationships, business strategy and ownership criteria can create an emotionally charged environment that makes decision-making, not to mention day-to-day management.

Episode 14: JK Elkin – Attorney at Law, Spicer Rudstrom PLLC – What I Learned from Working with my Dad in Business

A 2014 study showed that women – mostly daughters – are increasingly being selected to take over their family-owned businesses. Among conclusions in the study, “Women in Leadership: The Family Business Advantage”, by EY and Kennesaw State University in Atlanta, one of the most compelling was that “70 percent of family businesses are considering a woman for their next CEO, and 30 percent are strongly considering a woman for the top spot.”

Episode 13: Tim Jamison – Vice President, Prairie Capital Advisors…Developing an ESOP Plan for Your Family Business

Nearly 50% of successful business owners want to exit their companies within the next five years. Is an ESOP right for me? On this episode of Family Business Today, Greg Lewis interviews Tim Jamison with Prairie Capital Advisors to discuss his experiences involved in developing Employee Stock Ownership Plans (ESOP) and the advantages of an ESOP for business owners.

Episode 11: Dana Holmes – Tips for Planning and Funding a Successful Family Business Transition

On this episode of Family Business Today, Greg Lewis interviews Dana Holmes of 2nd Generation Capital to discuss planning and funding an exit that includes an eventual passing of the family business to your children. 2nd Generation Capital was originally formed in 1994 to meet family shareholder needs for liquidity, growth financing and ownership transition services.

Episode 10: Matt Bodnar, A Son's Viewpoint on What Makes it Work When Working with Dad in the Family Business

On this episode of Family Business Today, Greg Lewis interviews Matt Bodnar of Fresh Hospitality regarding the development and involvement of the next generation in the business. Fresh Hospitality is primarily an investment company that invests across the food and restaurant value spectrum, with primary focus in restaurant operations and real estate development.

Episode 8: Bill Bellet, The Legacy Consulting Group

On this episode of Family Business Today, Greg Lewis interviews Dr. Bill Bellet of the Legacy Consulting Group in Nashville, TN. Bill has over 25 years’ experience in the “relationship business” as a clinical and consulting psychologist. He specializes in conflict resolution, family owned business succession and strategic planning, coaching and developing leaders, career counseling and relationship issues which arise between partners and family members in privately held companies.

Episode 7: Jenny and Evan Owens of Reboot Combat Recovery

On this episode of Family Business Today, Greg Lewis interviews Jenny Owens and Evan Owens who are co-founders of Reboot Combat Recovery. Reboot Combat Recovery is a non-profit organization that provides a 12 week course to combat veterans and their families that helps them deal with the spiritual side of healing from combat trauma, post traumatic stress and moral injury.