Closely held firm is an all encompassing term meaning a business that has a limited number of owners and is not publicly traded. Family businesses fit into this category along with others controlled by a few people who may or may not be related. A family-owned firm is one that has been started by and is expected to be passed to succeeding generations of the family.
The Mission
The Center for Closely Held Firms helps closely held and family businesses to survive and prosper.
The Center offers members access to an extensive network of business contacts, including experts in finance, law, accounting, marketing and insurance. As the area’s only university-based center for closely held firms, it is also able to pool resources from the private, professional and academic areas to give your company assistance from a variety of perspectives.
The Centers Activities Include
- Presenting seminars featuring leading experts in successfully managing closely held firms. These seminars provide a forum for the dissemination of ideas and the exchange of information.
- Establishing special interest groups and programs for women business owners, minority business owners and high tech company owners which meet periodically to explore, discuss and share ideas.
- Granting access to the expertise of specialists in accounting, law, employee relations, industrial psychology, strategic planning, insurance, marketing, finance and more.
- Providing members with opportunities to reach out and broaden their professional and social horizons in the comfort of a familiar environment, with a built-in community of peers to be counted upon for support and continuing dialogue.
