{"id":12959,"date":"2024-12-18T18:58:49","date_gmt":"2024-12-19T02:58:49","guid":{"rendered":"https:\/\/familyenterpriseusa.com\/?p=12959"},"modified":"2024-12-24T14:56:54","modified_gmt":"2024-12-24T22:56:54","slug":"women-family-business-leaders-discuss-challenges-opportunities-of-running-generationally-owned-family-businesses","status":"publish","type":"post","link":"https:\/\/familyenterpriseusa.com\/family-businesses\/women-family-business-leaders-discuss-challenges-opportunities-of-running-generationally-owned-family-businesses\/","title":{"rendered":"Women Family Business Leaders Discuss Challenges, Opportunities of Running Generationally-Owned Family Businesses"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;4px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_divider color=&#8221;#397389&#8243; divider_weight=&#8221;2px&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_divider][et_pb_cta title=&#8221;Your Perspective Matters: Complete Our Family Business Survey&#8221; button_url=&#8221;https:\/\/familyenterpriseusa.com\/2025-annual-family-business-survey\/?utm_source=FEUSA&#038;utm_medium=cta&#038;utm_campaign=2025Survey&#8221; button_text=&#8221;Take 5 minutes to share your insights and gain access to our exclusive 2025 webcast.&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Call To Action Top&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; header_font_size=&#8221;22px&#8221; background_color=&#8221;#397389&#8243; custom_button=&#8221;on&#8221; button_bg_color=&#8221;#ff0019&#8243; custom_margin=&#8221;-17px|||||&#8221; custom_padding=&#8221;16px||19px|||&#8221; global_module=&#8221;9695&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_cta][et_pb_divider color=&#8221;#397389&#8243; divider_weight=&#8221;2px&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_divider][et_pb_text admin_label=&#8221;1&#8243; _builder_version=&#8221;4.27.4&#8243; text_font=&#8221;||||||||&#8221; text_font_size=&#8221;16px&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h1 style=\"text-align: center;\"><strong>Women Family Business Leaders Discuss Challenges, Opportunities of Running Generationally-Owned Family Businesses in New Family Enterprise USA Podcast<\/strong><\/h1>\n<p style=\"text-align: center; line-height: 150%;\"><strong><em>\u00a0<\/em><\/strong><\/p>\n<h2 style=\"text-align: center;\"><strong><em>New Two-Part Series on Women in Family Business Now Available on Spotify<\/em><\/strong><\/h2>\n<p style=\"line-height: 150%;\"><strong><em>\u00a0<\/em><\/strong><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">How women navigate the challenges and opportunities in their family-operated businesses is the subject of a new podcast on \u201cWoman in Family Business,\u201d hosted by Family Enterprise USA.<\/span><\/p>\n<p style=\"line-height: 150%;\"><a href=\"https:\/\/familyenterpriseusa.com\/podcast\/\">The first of two podcasts on the subject is now available on Spotify and other podcast platforms.<\/a><\/p>\n<p style=\"line-height: 150%;\">[\/et_pb_text][et_pb_video _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; src=&#8221;https:\/\/www.youtube.com\/watch?v=6GifIzUgOrE&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][\/et_pb_video][et_pb_text admin_label=&#8221;2&#8243; _builder_version=&#8221;4.27.4&#8243; text_font=&#8221;||||||||&#8221; text_font_size=&#8221;16px&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">The first podcast <\/span><span style=\"color: black;\">features <\/span><span style=\"color: black;\">Paula Lafferty, Chief Executive Officer of SnoTemp, a family-owned and operated temperature controlled public warehousing company in Oregon, and Lauren Doll-Sheeder, Managing Partner<strong>,<\/strong> Doll Distributing, a<span style=\"background-color: white;\"> third-generation Council Bluffs, Iowa, beverage distribution company.<\/span><\/span><\/p>\n<p style=\"line-height: 150%;\"><a href=\"https:\/\/familyenterpriseusa.com\/podcast\/\">The podcast discussion covers the barriers, challenges, and opportunities women face<\/a><span style=\"color: #222222;\"> in family-owned businesses in the past, present, and future. It\u2019s hosted by Pat Soldano, President, Family Enterprise USA, advocates for generationally-owned family businesses.<\/span><span style=\"color: black;\"> She is also President of<\/span><span style=\"color: black;\"> a sister organization, Policy and Taxation Group, which advocates for successful individuals and family offices.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: #222222;\">\u201cWhat builds the most credibility for women in family-owned businesses is that you need to show employees you worked your way to the top,\u201d says Lafferty in the podcast.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">SnoTemp has two facilities located Oregon and is a key link for local food processors and consumers in the area. In business since 1957, the company has 1,370,000 sq. ft. of temperature-controlled storage and offers supply chain services for local, national, and international customers.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">\u201cGetting training early in all facets of the business was really key for me and the support I received from our partners was very helpful,\u201d says Doll-Sheeder.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">Doll Distributing is a third-generation beverage distribution company with and 330 employees. Last year, Doll expanded into Eastern Iowa and now offers distribution services in 44 Iowa counties and eight Minnesota counties.<\/span><\/p>\n<p style=\"line-height: 150%;\"><a href=\"https:\/\/familyenterpriseusa.com\/podcast\/\">The podcast, part of a series called \u201cThe Voice of Family Business on Capitol Hill,\u201d is airing on Spotify and other podcast platforms.<\/a><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">One of the key challenges, Soldano points out in the episode, is when a family business needs to make the transition to the next generation of leadership.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">\u201cOur ownership recognized early on how important navigating the leadership transition is, especially in the case of a death,\u201d says Lafferty during the discussion. \u201cLeadership transition is more nuanced than one can imagine. It\u2019s not a \u2018set it and forget it\u2019 process.\u201d<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">As family businesses grow, the ability for the next generation of leadership to afford ownership is also a barrier, according to Doll-Sheeder.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">\u201cIn our case, we have grown quite a bit recently and this makes it difficult for the next group of family owners,\u201d she says. \u201cIt\u2019s a struggle for our next family leaders to come up with the funds to buy the company after such growth, and then keep it growing.\u201d<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">The podcast also delves into the current tax issues, such as the expiration of many Tax and Jobs Act provisions, and pass-through entity challenges, which most family businesses operate under. <\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">\u201cKeeping tax policies consistent is critical for family businesses,\u201d said Soldano on the tax discussions. \u201cIn order to plan, reinvest, and provide for employees and community, it\u2019s vital that family businesses, and the next generation of women leaders in family businesses, can count on tax policies that don\u2019t harm the growth of America\u2019s largest private employer, family business,\u201d she said.<\/span><\/p>\n<p style=\"line-height: 150%;\"><span style=\"color: black;\">Subscribers will receive alerts as future shows are posted. <\/span><a href=\"https:\/\/familyenterpriseusa.com\/podcast\/\">To find it on Spotify click on: Family Enterprise USA Podcast.<\/a><\/p>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#397389&#8243; divider_weight=&#8221;2px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_divider][et_pb_text disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Become a member text&#8221; _builder_version=&#8221;4.21.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; link_option_url=&#8221;https:\/\/familyenterpriseusa.com\/donate-2\/&#8221; global_module=&#8221;5822&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4><em>We hope you&#8217;ve enjoyed this article. While you&#8217;re here, we have a small favor to ask&#8230;<\/em><\/h4>\n<p>As we prepare for what promises to be a pivotal year for America, we&#8217;re asking you to consider becoming a member.<\/p>\n<p>The need for fact-based reporting of issues important to <a href=\"https:\/\/familyenterpriseusa.com\/category\/multi-generational-business\/\">multi generational businesses<\/a> and protecting a <a href=\"https:\/\/familyenterpriseusa.com\/category\/family-business-stories\/\">lifetime of savings<\/a> has never been greater. Now more than ever, <a href=\"https:\/\/familyenterpriseusa.com\/category\/multi-generational-business\/\">multi generational businesses<\/a> and <a href=\"https:\/\/familyenterpriseusa.com\/category\/family-business-stories\/\">family businesses<\/a> are under fire. That&#8217;s why <a href=\"https:\/\/familyenterpriseusa.com\/category\/feusa\/\">Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to <a href=\"https:\/\/familyenterpriseusa.com\/category\/multi-generational-business\/\">generationally-owned family businesses<\/a> built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high <a href=\"https:\/\/familyenterpriseusa.com\/category\/income-taxes\/\">income tax rates<\/a>, possible elimination of valuation discounts, increase in capital gains <a href=\"https:\/\/familyenterpriseusa.com\/category\/taxes\/\">tax<\/a>, enactment of a wealth <a href=\"https:\/\/familyenterpriseusa.com\/category\/taxes\/\">tax<\/a>, and the continued burden of the gift <a href=\"https:\/\/familyenterpriseusa.com\/category\/taxes\/\">tax<\/a>, <a href=\"https:\/\/familyenterpriseusa.com\/category\/estate-taxes\/\">estate tax<\/a> and generation skipping <a href=\"https:\/\/familyenterpriseusa.com\/category\/taxes\/\">tax<\/a>.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/familyenterpriseusa.com\/donate\/&#8221; button_text=&#8221;Become a Family Enterprise USA Member&#8221; button_alignment=&#8221;center&#8221; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Become FEUSA member button&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; global_module=&#8221;6503&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_button][et_pb_divider color=&#8221;#397389&#8243; divider_style=&#8221;dotted&#8221; divider_weight=&#8221;2px&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_divider][et_pb_video_slider admin_label=&#8221;Video Slider Family Business Stories 3&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_module=&#8221;7257&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_video_slider_item src=&#8221;https:\/\/www.youtube.com\/watch?v=qkzuUypw3JU&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; show_image_overlay=&#8221;off&#8221;][\/et_pb_video_slider_item][et_pb_video_slider_item src=&#8221;https:\/\/www.youtube.com\/watch?v=L5QmaJqcm4Y&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; show_image_overlay=&#8221;off&#8221;][\/et_pb_video_slider_item][et_pb_video_slider_item src=&#8221;https:\/\/www.youtube.com\/watch?v=LyZMrONDbPE&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; show_image_overlay=&#8221;off&#8221;][\/et_pb_video_slider_item][et_pb_video_slider_item src=&#8221;https:\/\/www.youtube.com\/watch?v=tmxFubyBiHA&#8221; _builder_version=&#8221;4.19.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; show_image_overlay=&#8221;off&#8221;][\/et_pb_video_slider_item][et_pb_video_slider_item src=&#8221;https:\/\/www.youtube.com\/watch?v=9Tn7ZliFx2I&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; show_image_overlay=&#8221;off&#8221;][\/et_pb_video_slider_item][et_pb_video_slider_item src=&#8221;https:\/\/youtu.be\/Jx5o3EzVD1E&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; show_image_overlay=&#8221;off&#8221;][\/et_pb_video_slider_item][\/et_pb_video_slider][et_pb_text disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;FEUSA Statement&#8221; _builder_version=&#8221;4.21.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; link_option_url=&#8221;https:\/\/familyenterpriseusa.com\/donate-2\/&#8221; global_module=&#8221;5910&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<hr \/>\n<p><a href=\"https:\/\/familyenterpriseusa.com\/category\/feusa\/\">Family Enterprise USA<\/a> promotes <a href=\"https:\/\/familyenterpriseusa.com\/category\/multi-generational-business\/\">generationally<\/a> owned <a href=\"https:\/\/familyenterpriseusa.com\/category\/family-businesses\/\">family business<\/a> creation, growth, viability, and sustainability by <a href=\"https:\/\/familyenterpriseusa.com\/about\/\">advocating for family businesses<\/a> and their lifetime of savings with <a href=\"https:\/\/familyenterpriseusa.com\/category\/family-business-caucus\/\">Congress<\/a> in Washington DC.\u00a0 Since 2007, <a href=\"https:\/\/familyenterpriseusa.com\/category\/feusa\/\">Family Enterprise USA<\/a> has represented and celebrated\u00a0all sizes, professions and industries of family-owned enterprises and <a href=\"https:\/\/familyenterpriseusa.com\/category\/multi-generational-business\/\">multi-generational<\/a> employers. It is a bi-partisan 501.c3 organization.\u00a0<a href=\"https:\/\/familyenterpriseusa.com\/membership\/\">Family foundations can donate.<\/a><\/p>\n<hr \/>\n<p>[\/et_pb_text][et_pb_text disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;Hash tags &#038; Tags&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_module=&#8221;6498&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>#incometax #taxseason #federaltaxpolicy #taxation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #CapitalGainsTax #incometaxrates #incometaxseason #taxrefund #taxreturn #incometaxreturn #gifttax #Generationskippingtax #InheritanceTax #repealestatetax #FamilyBusiness #promotefamilybusinesses #familyowned #supportlocalbusiness #womeninbusiness #AdvocatingForFamilyBusinesses #Generationallyowned #Multigenerationalbusiness\u00a0 @FamilyEnterpriseUSA @PolicyAndTaxationGroup @DitchTheEstateTax #FamilyEnterpriseUSA #PolicyAndTaxationGroup #DitchTheEstateTax<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Women Family Business Leaders Discuss Challenges, Opportunities of Running Generationally-Owned Family Businesses in New Family Enterprise USA Podcast \u00a0 New Two-Part Series on Women in Family Business Now Available on Spotify \u00a0 How women navigate the challenges and opportunities in their family-operated businesses is the subject of a new podcast on \u201cWoman in Family Business,\u201d [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[48,92,98],"tags":[],"class_list":["post-12959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-businesses","category-multi-generational-business","category-podcast"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/12959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12959"}],"version-history":[{"count":3,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/12959\/revisions"}],"predecessor-version":[{"id":13003,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/12959\/revisions\/13003"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/12967"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}