PIFB QUARTERLY NEWSLETTERs

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SUMMER 2022: PIFB Special Quarterly Newsletter on Research

  • Succession Planning Expectations among Women-Owned Small Businesses by Yoon G. Lee, Heather H. Kelley, Renee Wiatt, and Maria Marshall 
  • The Use of Communication Technologies in Small Businesses by Jennifer Johnson Jorgensen, Virginia Solis Zuiker, Linda Manikowske, and Melody LeHew
  • Social Media Use and Business Profitability among Small Businesses by Yoon G. Lee, Heather H. Kelley, Renee Wiatt, and Maria Marshall 
  • Children and Childcare Are a Pervasive Issue on Family Farms Yet Absent from Farm Programming by Florence Becot and Shoshanah Inwood

SUMMEr 2022 Newsletter

 

Spring 2022: PIFB Quarterly Newsletter

  • Skills and Requirements for Agricultural Jobs by Brady Brewer, Nathan DeLay, and Douglas Abney 
  • Retirement or Training the Next Generation? Framing Succession in the Family Business by Renee Wiatt and Maria I. Marshall
  • Effective Goal Setting for Your Business  by Brenna Ellison
  • Assessing Technology Management Skills by Michael Langemeier

Spring 2022 Newsletter

 

Winter 2022: PIFB Quarterly Newsletter, Succession Special Issue

  • First Steps in Succession Planning by Krista Pullen, Renee Wiatt and Maria Marshall
  • Insuring Your Farm Assets to Value by Courtney Schmidt
  • Barriers to Developing Your Succession Plan by Jenna Nees
  • Operating and Buy-Sell Agreements by Ed Farris
  • Four Common Issues in Succession Planning by Kyle Weaver

Winter 2022 Newsletter

Newsletter Archive

2020-2021 Report for PIFB

If one theme arose from the years 2020-2021, it would be change. The population as a whole, as well as businesses, had to acclimate to the shifting environment prompted by the COVID-19 pandemic. PIFB was able to shift programming online and respond promptly to the pandemic by: informing small and farm businesses to resources to aid in their recovery or response to the pandemic, teach small businesses how to navigate Small Business Administration (SBA) resources such as PPP and EIDL, and curate new resources aimed directly at business recovery and resilience. Such resources were delivered via regional and state-wide webinars, recordings on YouTube, newsletters, a new online course to help producers manage risk, and articles in various press publications to reach a wide variety of audiences. PIFB was also able to partner with a number of organizations and groups through 2020-2021, both by way of funded and non-funded projects. Read more about PIFB's activities between 2020 and 2021! 

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PIFB Quarterly Newsletter, Fall 2021: A Retrospective Analysis of PIFB Questions of the Month

  • Maintaining Family Bonds: Different Approaches to Conflict by Maria Marshall and Renee Wiatt
  • Estate and Personal Financial Planning: Sharing Info on Compensation, Benefits, Estate Plans, and Gifts by Renee Wiatt
  • Strategic Business Planning: Priorities of Goals in Family Businesses by Renee Wiatt
  • Leadership and Succession Planning: Incumbent and Successor Preparedness for Succession by Renee Wiatt
  • Special Questions on COVID-19 by Renee Wiatt

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PIFB Quarterly Newsletter: 2021 Summer Marketing Edition

  • Market Development for Your Product by Joan Fulton & Renee Wiatt 
  • Determining the Value Proposition for Your Product by Joan Fulton & Maria Marshall 
  • Creating Financial Projections by Renee Wiatt & Joan Fulton 
  • Alternative Funding Sources by Joan Fulton & Maria Marshall

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PIFB Quarterly Newsletter: 2021 Spring Edition

  • To Post or Not to Post: The Need and Use of Social Media Policies by Maria I. Marshall 
  • Succession Planning: Can Communication be a Competitive Advantage? by Renee Wiatt 
  • Why Are Small Business Relations with Community Banks Important? by Zuzana Bednarikova 
  • Work and Life Harmony by Heather Strohm

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PIFB Quarterly Newsletter: 2021 Winter Edition (Succession Edition)

  • Financial Contingency Planning and the Feasibility of Adding a Family Member to the Operation by Ed Farris, Nick Held, & Michael Langemeier 
  • Do You Have a Plan for Your Assets? (If Not, Indiana Has a Plan for Them) by Denise Schroeder & Thomas A. Appel, P.C. 
  • Conflict Management and Resolution in the Family Business by Linda Curley, Renee Wiatt & Maria I. Marshall 
  • Contingency Planning for Your Farm Business by Renee Wiatt & Maria Marshall

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PIFB Quarterly Newsletter: 2020 Fall Edition (Financial Edition)

  • Cash Flow Problems and Resource Intermingling: Do They Affect Small Business Recovery and Resilience in the Wake of a Natural Disaster?  by Renee Wiatt, Yoon Lee, Maria Marshall, & Virginia S. Zuiker 
  • How Much Debt Can a Farm Carry?  by Michael Langemeier 
  • Small Business Cashflow Problems and Strategies during the COVID-19 Pandemic  by Maria I. Marshall 
  • Measuring Farm Profitability  by Michael Langmeier
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PIFB Quarterly Newsletter: 2020 Summer Edition (Special Research Edition)

  • The Reciprocal Involvement of Family Business Owners and Communities in Business Success by Jennifer Johnson Jorgensen, Diane Masuo, Linda Manikowske & Yoon Lee 
  • Small Firm Success after a Natural Disaster: Do Individual and Aggregate Community Capital Matter? by Yoon Lee & George Haynes 
  • Bouncing Back Better: From Resilience to Regeneration by Sandra Sydnor, Renee Wiatt, Jonathon Day, & Maria I. Marshall 
  • The Impact of COVID-19 on Small Businesses: The Small Business Pulse Survey by Maria I. Marshall
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PIFB Quarterly Newsletter: 2020 Spring Edition, COVID-19​

  • Managing Your Social Media During Covid-19 by Ariana Torres 
  • SBA Help for Small (and Family) Businesses by Renee Wiatt & Maria I. Marshall 
  • Which Industries and States are Most Successful in Securing Paycheck Protection Plan (PPP) Loans? by George Haynes 
  • Navigating a Crisis You Didn't Ask for by Holly Schrank & Anna Josephson

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PIFB Quarterly Newsletter: 2020 Winter Edition, Succession Planning​

  • Defining Your Dreams: Personal and Professional Goal Setting by Renee Wiatt & Maria I. Marshall
  • Financing Your Dream: Developing and Living within a Budget by Denise Schroeder 
  • Making Your Dream a Reality: Speaking with Your Lender by Jenna Nees 
  • Financial Preparedness Strategies by Ed Farris 
  • Transferring Operations or Ownership to the Next Generation: Handoffs to First Time Farmers and Non-Relatives by Julia Valliant 

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PIFB Quarterly Newsletter: 2019 Fall Edition

  • In a Family Business, Is Profit an Input or an Output? by Maria I. Marshall
  • Top 3 Branding Strategies for Your Family Business by Ariana Torres
  • The Emotional Side of Succession Planning in Family Farm Businesses by Diane Masuo & James Tamayose
  • Growth (and Even Survival) Require Increased Sales by Glenn Muske

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PIFB QUARTERLY NEWSLETTER: 2019 SUMMER EDITION

  • PIFB: Why the Name Change?
  • All Family Businesses Need Some Type of Governance by Maria I. Marshall
  • Why Advisors Need to Meet EVERYONE in the Family by Renee Wiatt
  • The Differing Values Within the Family Business by Glenn Muske
  • Does Insurance Aid in Small Business Recovery Following a Natural Disaster? by Renee Wiatt & Maria I. Marshall

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PIFF QUARTERLY NEWSLETTER: 2019 SPRING EDITION

  • Valuation of Agricultural Land for Business Transfer Decisions by Michael Langemeier
  • Estate Planning - What Tools Are Available? Part II by Craig Dobbins
  • Budgeting for the Family in the Family Business by Jennifer Pendergast
  • Do You Want Your Succession Plan to Stay Safe? by Andrew B. Martin

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PIFF Quarterly Newsletter: 2019 Winter Edition​ - Succession Planning

  • Purdue Succession Planning Team
  • Building a Succession Advisory Team by Andrew Martin
  • Estate Planning - What Tools Are Available? by Craig Dobbins
  • Power of Attorney: Why Do You Need One? by Renee Wiatt
  • Farm Safety While Aging in Place by Linda Curley

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PIFF Quarterly Newsletter: 2018 Fall Edition

  • Sustainability: Some Tips on Protecting Your Business from a Natural Disaster by Holly Schrank, Anna Josephson & Maria Marshall
  • More People, More Problems? Governance is Family Business by Maria Marshall
  • Selling Your Business to Your Other “Family” - Using an Employee Stock Ownership Plan (ESOP) for Business by Corey Rosen
  • Family-Owning Businesses and Mindfulness: Building a Case for Better Strategy and Family Cohesion by Sandra Sydnor

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PIFF Quarterly Newsletter: 2018 Summer Edition

  • 5 Social Media Best Practices That Can Help You Increase Sales by Ariana Torres
  • Life Happens by Glenn Muske
  • Is Your Family Business Ready for Social Media? by Diane Masuo, Jacqueline Tani & James Tamavose
  • We're a 'What'? The Search for the Elusive Copreneurial Couple by Glenn Muske & Margaret Fitzgerald

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PIFF Quarterly Newsletter: 2018 Spring Edition, Succession Planning

  • Buy-Sell Agreements (Sometimes Called a "Business Will") by Andrew B. Martin
  • Caring for the Caregiver by Linda Curley
  • Long Term Care by Jenna Nees
  • Retirement Planning by Amanda Dickson

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PIFF Quarterly Newsletter: 2018 Winter Edition

  • Policies Before Problems by Maria I. Marshall
  • Making a List and Checking It Twice: The Importance of Inventorying Farm Assets by Nicole Olynk Widmar and Courtney Bir
  • Small Business Smarts: Involving the Family in the Businessby Glenn Muske
  • Next Steps to Successfully Growing Future Farm Generations

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PIFF's 2017 Annual Report

  • Learn all about PIFF's inaugural year!

View Annual Report

PIFF Quarterly Newsletter: 2017 Fall Edition​

  • Workshop helps answer the question, "Who gets the family farm?"
  • Should I Form a Business Entity? by Ryan Conklin 
  • Top 5 Things to Consider Before Pricing Your Products by Ariana Torres
  • Notification of Farm Lease Termination by Gerald Harrison
  • Dividing Business Income by Michael Langemeier

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PIFF Quarterly Newsletter: 2017 Summer Edition​

  • Transferring Business Management by Michael Langemeier
  • Retirement in the Family Business by Renee Wiatt 
  • Got Conflict? by Maria I. Marshall
  • Gender and Business Owner Satisfaction by Wenxuan Li and Maria I. Marshall

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PIFF Quarterly Newsletter: 2017 Spring Edition​

  • What is Sweat Equity by Michael Langemeier
  • Quality Management and Business Planning by Maria I. Marshall
  • Choosing a Successor by Renee Wiatt 
  • Fairness in the Family Business by Renee Wiatt 

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PIFF Quarterly Newsletter: 2017 Winter Edition​

  • Family Business Income Taxation by Gerald Harrison
  • Updated Business Planner Tool to Aid Family Businesses by Maria I. Marshall
  • Ownership vs. Management Transfer by Renee Wiatt 
  • Introducing a New Family Business Functionality Assessment by Renee Wiatt 

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PIFB Video Handouts (YouTube)