Affordability Percentages Will Decrease For 2018
by Marcus Newman, GCG Financial On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA)…. Read more→
A 2017 Manufacturing Outlook
by Deanna L. Salo, Cray Kaiser Struggling to find and retain tradespeople? Deciding when the timing is right to replace that 30-year-old machine? Noticing that your technology systems are slowing you down rather than making you more efficient? You’re not alone…. Read more→
Welcome to CFBC’s Newest Members!
Please join us in giving a warm welcome to the newest members of the Chicago Family Business Council! Since 1994, we’ve educated and empowered the people of entrepreneurial and family businesses through impactful programs and a unique community of peer… Read more→
How Benefits Affect the Bottom Line
Making Sense of Small Business Health Insurance When Marcus Newman, Vice President of GCG Financial, asked, “who has a company mission statement?”, every hand in the room went up. Then when he asked, “who considers their mission statement when deciding… Read more→
Welcome to CFBC’s Newest Members!
Please join us in giving a warm welcome to the newest members of the Chicago Family Business Council! We are honored to welcome these companies into the council and look forward to learning from them and growing stronger as a community…. Read more→
Creating a Stress-Free Environment at Work
Everyone has stress and we all have our own ways of coping with it. Supporting your employees through their stress can ultimately make them more engaged and motivated to come to the office. Here are some suggestions to get your… Read more→
4 Lessons Learned from Family Meetings
Having family meetings was the right thing for the right reason. We wanted open communication between the brothers and partners in order to strengthen the family and business. But most importantly, Joe and I wanted everyone on the same page… Read more→
Burke Law Testimonial by Bruce Leska
I met Jonathan Michael of Burke, Warren, MacKay & Serritella, P.C. in 2014 when he opened a Lighthouse Forum meeting with a talk about estate planning and ownership transition. At the time of the meeting I had day-to-day responsibility of… Read more→
Three Ways You’ll Benefit from Taking the TPA
85% of cases where businesses failed to transition were caused by controllable factors 90% of owners hope that their children will join them in the business 35% of family business owners have no plans to retire, ever Do you feel… Read more→
What is a “Grandmothered” Healthcare Plan?
Right before January 1, 2014, when the Affordable Care Act (ACA) was to go into effect for SMALL BUSINESSES, President Obama’s administration announced a transitional relief program that would let states and insurance companies allow these small group policies to… Read more→