Powerpoint slides from March 2016 Economics Indicators.

1. Economic Indicators:
An Update for the 7 Rivers Region

2. Survey Results

3. Seven Rivers Regio

4. Wausau Region

5. Economy

12. -
100.0
200.0
300.0
400.0
500.0
600.0
700.0
800.0
900.0
1,000.0
1998 2002 2006 2010 2014
Total Number of Foreclosures Filed in: Jackson,
Juneau, La Crosse, Monroe, Trempealeau, Vernon
Counties

21. MAKE AMERICA
GROW
FAST AGAIN

25. Source: Institute for Supply Management, February 2016

27. Changing Business Dynamics

33. Changing Business Dynamics
 Businesses are getting bigger.
 Businesses are getting older.
 Businesses are getting slower.
 Businesses are getting less creative.
 We are becoming less mobile.

40. Succession Planning

41. Don’t be this guy

42. “10,000 Baby Boomers a day will turn 65 –
every single day between now and the year
2030.”
Paul Taylor – Author, The Next America

44. Big Issues Face Family
Businesses
From 2007 to 2017, it is estimated that 40.3
percent of family business owners expect to
retire, creating a significant transition of
ownership in the US. Less than half of those
expecting to retire in five years have selected a
successor.28

45. Big Issues Face Family
Businesses
Even though nearly 70% of family businesses
would like to pass their business on to the next
generation, only 30% will actually be successful
at transitioning to the next generation.30

57. Succession Planning Panelists:
Chip Schilling President, Schilling Supply
John McHugh Director of Corporate Communications,
Kwik Trip
Lyn Rolbiecki Owner, Wildwood Specialty Foods in
Trempealeau

58. Succession Planning
Questions:
Companies are often faced with a decision on how and
when to transition the business to a new generation or new
owners. Can you provide your perspective on what
factors have been most important in making decisions
relating to that transition (whether to the next generation, a
new owner, etc.).

59. Succession Planning
Questions:
What opportunities and challenges resulted from the
decisions that were made to transition the business to the
next generation or a new owner.
Who (within and/or from outside the organization) was
instrumental in enabling the company to position itself for
the transition (to the next generation or a new owner)?

61. Thanks.