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CONTACT: SHAWN PRESLEY
100 Old Public Library
Iowa City IA 52242
(319) 384-0011; fax (319) 384-0024
e-mail: shawn-presley@uiowa.edu

Release: Immediate

UI sponsors series of family business seminars

IOWA CITY, Iowa -- For families who own businesses or are thinking of starting one, the University of Iowa's John Pappajohn Entrepreneurial Center and the Small Business Development Center are sponsoring a four-part series of family business seminars.

Designed to address the special needs that family businesses face, the first seminar is Saturday, March 15 from 8 a.m. to noon. "Strategies for Successful Family-Owned Businesses" will be lead by Thomas M. Hubler of Hubler Family Business Consultants in Minneapolis, Minn. The founder of the Family Firm Institute in Boston, Hubler has academic and corporate experience and is a member of the advisory board for the Institute of Family Business.

Hubler will address the importance of a common vision, family meetings, an outside board of advisors, and family unity. The seminar will also include a session to help family-owned businesses develop a step-by-step program to achieve their vision.

The idea for the seminar series arose from the high concentration of family-owned businesses in Eastern Iowa and the challenges of a changing economy. According to officials at the Small Business Development Center, there's a great need for education in Iowa because family businesses are facing more competition from corporate business.

The cost is $99 per seminar or $349 for all four. The fee is $79 per seminar for two or more people from the same company, or $299 for the four seminars.

Other Saturday seminars include "Boards and Governance in Family-Owned Corporations" lead by Glenn R. Ayres of Fredrikson and Byron in Minneapolis, Minn., April 12; "Is the 'Businesslike' Family Business Possible?" lead by Brian E. Tugana of Phoenix Associates in Clinton, April 26; and "Rough Corporate Justice: Succession Planning From an Ability to Pay Basis" lead by Ayres, May 3.

For more information, contact Paula McMartin at 319-335-0260.

2/25/97