Release date June 16, 2015
BUFFALO, N.Y. — A new class of entrepreneurs are better prepared to successfully manage the unique challenges of running a family business after completing the “Growing a Healthy Family Business” course in the University at Buffalo School of Management’s Center for Entrepreneurial Leadership (CEL).
Launched in fall 2013, “Growing a Healthy Family Business” is a 10-session course that empowers family members to come together to identify and apply solutions to help their business thrive. Sponsored by Wilmington Trust, a subsidiary of M&T Bank, the course delivers practical solutions on topics relevant to family businesses, including communication, interpersonal relationships, conflict resolution, strategic planning and succession and next-generation leadership planning.
Eight entrepreneurs from three Western New York businesses completed the course this year and were honored at a joint graduation ceremony for five CEL programs on June 3 at UB’s Center for the Arts.
The graduates and their businesses were:
The graduates now become members of the CEL Family Business Association, an initiative that addresses the unique challenges associated with operating a family business, while also supporting the traditional needs of any entrepreneur. As members, they’ll receive complimentary registration to networking events and workshops with expert speakers, discounted registration for other professional development opportunities, and access to professionally facilitated peer support groups.
The CEL is currently enrolling new members in the Family Business Association. The center will host a workshop on succession planning this September and a luncheon in November for members. For more information, contact the CEL at 716-885-5715 or firstname.lastname@example.org.
Established in 1987, the CEL provides participants with individualized and interactive education in entrepreneurship. More than 1,300 CEL alumni employ more than 22,000 Western New Yorkers, and their businesses are worth more than $2 billion to the local economy.