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Family Business Conference offers invaluable insight

Special to SWFBT

Submitted by Karen P.

Moore, Publisher

At the first Resnick-Wynn Family Business Conference in March 2022, keynote speaker Steve Forbes, CEO of family-owned Forbes Media, noted, “Family business is the backbone of the U.S. economy, creating dynamism and upward mobility.” He continued, “Family-owned businesses make up 57% of our Gross Domestic Product; 60% of the jobs and 80% of our coun-

In The News

Cape Coral Small Business class now accepting applications

More than 500 local businesses have emerged from the Goodwill Southwest Florida MicroEnterprise Institute. This six-week small business development program helps lowto-moderate income emerging entrepreneurs start new ventures and grow small businesses.

Individuals who are thinking about starting their own business, but need some mentoring are invited to apply for the Cape Coral class, scheduled for Feb. 27 – April 6. Classes are scheduled from 6 to 9 p.m. on Monday and Thursday evenings at a city annex on Nicholas Parkway in Cape Coral. Attendance limited, sign up now.

Graduates complete a comprehensive training course and prepare a solid CLASS See page 6 try’s wealth generation.”

The family business conference was created by Michael Wynn and John and Billie Resnick to support the success and survival of family businesses in Southwest Florida.

Wynn, who is a fourth-generation leader of Sunshine Ace Hardware, headquartered in Bonita Springs, stated, “According to the U.S. Census, about 90% of all American companies are family-owned or controlled. Yet the survival statistics are stark. Only one-third of family-owned firms survive to the second generation and just thirteen percent make it to the third generation. This event was created to improve those odds.”

John Resnick noted, “The purpose of this event is to create a ‘safe harbor’ atmosphere for family business owners to share their knowledge and experiences because succession planning is essential: it starts from Day One.”

FAMILY See page 14

Important Business Notes

 Moore About Business

Kick off your business week with “Moore About Business”! Tune in to SWFL PBS and National Public Radio (NPR) affiliate, WGCU radio at 90.1 FM, during Morning Edition and All Things Considered to hear SWFBT founder, owner and publisher Karen P. Moore share information and insights for and about our local business community. Listen to past segments at https://news.wgcu.org/karen-moore-1.

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Paycheck Protection Program Loan Taxation

To receive loan forgiveness so you will not be taxed on the loan, you must complete the simple application and receive approval. Contact your PPP lender ASAP for more info.

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SWFBT News Updates

To get current business news throughout the business day, visit www.swfloridabusinesstoday.com.