How Ken Ganley steered through 11 acquisitions in 2025 to expand Ohio’s largest auto dealer group

Whether or not Ganley’s growth this year involves more acquisitions, one thing is certain: He will stay focused on his people, treating them as the most important asset in his business.
Tips on managing through a crisis
Our Lady of the Wayside’s Terry Davis on how to manage through a crisis.
A look at AI rollouts in the workplace and how to execute them more effectively
Corporate College’s Tara Schmitt on ways to better manage the change process when introducing AI into an organization.
Why planning your transition and exit well before it’s needed secures your legacy
Glenmede’s Bethany Bryant on the importance of creating a business transition plan well ahead of time.
An inside look at pre-sale quality of earnings reports
Corrigan Krause’s Steve Miller on the pre-sale QofE — why and when to use it, and what to expect from the process.
A look at three new laws affecting employers in 2026
Buckingham, Doolittle & Burroughs’ Heather Steele on three new Ohio employment laws, who they impact and how to stay in compliance.
Workflow automation solutions offer cost cutting without cutting people
Blue Technologies’ Jeremiah Wagner on how companies are leveraging business solutions to improve processes amid shortages to budgets and workforce.
Estate Planning 2025: Special Advertising Section

Estate Planning Council of Cleveland members from a variety of disciplines offer insights on a range of topics related to estate planning and wealth management.
2025 Pillar Award for Community Service – Northeast Ohio

The Pillar Award for Community Service recognizes businesses and individuals dedicated to making Northeast Ohio a better place to live. See who we honored this year!
How a professional support system can improve your bottom line
First Federal Lakewood’s Matt Lay about why and how expert partners can improve your bottom line.
Demand is up for outdoor storage, creating opportunities and challenges
Cushman & Wakefield | CRESCO Real Estate’s Cole Sorenson on outdoor storage in Northeast Ohio, and the challenges and opportunities that exist for landlords and tenants.
The importance of seeing technology as a driver of business initiatives
Blue Technologies’ Lauren Hanna on categorizing tech not as an expense, but as a driver of business initiatives.
Turning the page to the next chapter
This is an exciting move for us, one that we know will accelerate the momentum we’ve been gathering these past few years.
Avoiding the tough work today can be costly during an exit
As we approach the new year, it is a good opportunity to finally begin addressing this unwritten list in your business.
How a board game influenced my career
Being a nice guy has benefits beyond your customers liking you. It is just a great way to be.
Innovation is not an accident. It is an investment strategy.
Business leaders must remember that when government invests in innovation, business benefits.
Preparing for the social and emotional challenges of retirement
The 4:8 Group’s Bob Bove on preparing for the social and emotional challenges of retirement.
Hard conversations build stronger people
As leaders, our responsibility is not to eliminate the challenges for those around us but to prepare them to face challenges with clarity, honesty and courage.
Set goals you’re willing to try 5,127 times to achieve
You overcame challenges to get to where you are today. You can do it again.
Aligning business with community impact
The question for leaders today is not whether our businesses can grow, but whether our growth can leave the world stronger than it was before.
The enduring value of Management by Walking Around
In-person engagement allows leaders to feel the energy of the organization, which I believe can’t be replicated through a screen.
How to build a people-first culture focused on growth, and why it is essential for your organization
There is no way to separate a brighter future from an empowered workforce. They are intertwined and will take place together or not at all.
The small business advantage in the age of AI
Understanding and utilizing AI tools will enable small businesses to scale like never before, and that’s progress.
From legacy to leadership in the age of AI
Now, it’s time for Ohio corporations to collaborate with Ohio startups.
Why optimism is a business strategy, not a buzzword
Positivity isn’t cheerleading — it’s cognitive engineering.
Sometimes granting “early looks” makes M&A sense
Sellers should not be shy about incorporating “early looks” into the sale process if it is to their advantage.
The power of reciprocity, culture and authentic leadership
If you focus on people, developing relationships and staying consistent in your values, success and significance will follow.
Northeast Ohio Deal Activity, November 2025: Carve-out considerations

Carve-outs should not be approached as simple divestitures. They are multifaceted corporate separations that require early planning, financial transparency and precise execution.
How to use like-kind exchanges to avoid tax on disposition of real property
Buckingham, Doolittle & Burroughs’ Steven Dimengo on like-kind exchanges, how they work and the advantages they offer.
Get more from your banking relationship by leveraging all its resources
ERIEBANK’s Flenner on leveraging the resources of a banking team to accomplish both business and personal financial goals.
Put frontline staff at the front of the line
Our Lady of the Wayside’s Terry Davis about how improved communication and interaction with frontline staff can better inform the next right thing for the organization.
How Section 179 can be applied to technology purchases to create savings
Blue Technologies Marty Patton on the Section 179 deduction — what it covers and how businesses can leverage the opportunity to its fullest.
2025 Northeast Ohio Smart 50 Awards recognize region’s top leadership

Smart 50 Northeast Ohio recognizes the region’s top leadership. See who took home the honors this year!
How trends in print marketing are helping companies better reach their target audience
Blue Technologies’ Lauren Hanna on the latest trends in print marketing and how companies can leverage them to reach their target audience.
To prepare for the future, let go of the past
Leadership can create a vision to meet the moment, but it’s critical to adapt the workforce and processes to achieve the new goal.
Growth in business and life often demands sacrifice
Leaders who endure the pain of transformation gain not only survival but renewed strength and longevity.
Tariffs are reshaping costs and your margins
Tariffs are no longer just a macroeconomic talking point. They’re a cost driver you need to manage actively.
When everything feels urgent, what is truly important?
For small business owners, the path forward is not about doing more. It is about doing less, and doing it with undivided attention.
A great internship program can boost your business
The key to unlocking the value in an internship program is finding the win-win, where interns get an amazing and enriching experience and not just a line on their resume.
Efficiency meets creativity in the age of AI
Are you chasing efficiency, or are you building excellence? The smartest organizations will find a way to do both
Every next level of your life demands a different you
Break the cycle of looking outward — always look inward and take control by working on yourself and you will always exceed your own lofty expectations.
Maintenance workers with multiple skills are in demand
Just as technology has evolved, so too has the need for the people who keep it running.
Cascade Capital Corporation 2025 Business Growth Awards

Recognizing outstanding companies that fortify the strength of the Northeast Ohio regional economy.
Northeast Ohio Deal Activity, October 2025: Preparing clients for a diligence gauntlet

For sellers, the ability to anticipate this level of scrutiny can be the difference between a deal that closes smoothly and one that drags out longer than expected.
To create a more transferable business, owners can’t be a hub
The 4:8 Group’s Bob Bove on strategies owners can use today to create a stronger, more transferable business.
The benefits of treasury management for nonprofits
First Federal Lakewood’s James Hill on why nonprofits should consider utilizing treasury management services.
Three sales structures for better investment due diligence
There are three structures every founder or leader will want to develop, and every investor will want to analyze before making an investment decision.
2025 Northeast Ohio Smart Business Dealmakers Rising Stars

The Smart Business Dealmakers Rising Stars program recognizes the industry’s most promising up-and-coming professionals. See the 2025 class of honorees.
Dealing with the speed of the times
Disruption comes for every business. It’s best to be ready when it does.
Northeast Ohio Deal Activity, September 2025: Forecasting a strong finish to 2025

With both buyers and sellers re-entering the market with improved confidence, the second half of the year is well-positioned to deliver an impressive performance of deal making activity.
Highlights from the One Big Beautiful Bill Act
Corrigan Krause’s Henry Gingerich on the OBBBA and what business leaders should do now to take full advantage of the opportunities it offers.
The importance of reviewing beneficiary designations
Glenmede’s Bethany Bryant on why and when to review beneficiary designations, and how those should align with an estate plan.
Advice for leaders on making tough decisions
Our Lady of the Wayside’s Terry Davis on the process of decision making as well as how to maintain perspective when making major organizational choices.
How to address commercial real estate loan challenges with your banker
ERIEBANK’s Suzanne Hamilton on the state of construction lending and the solutions for those who encounter issues with their debt.
2025 Family Business Achievement Awards

The 2025 Family Business and Business Longevity honorees represent some of Northeast Ohio’s successful family-owned businesses that are growing for the next generation.
A look at the process of settling litigation
Buckingham, Doolittle & Burroughs’ Andrew R. Zellers on settling litigation — how this process works and what to expect from it.
Fady Chamoun grows Aladdin’s and Seasoned Brands with a commitment to Lebanese heritage and hospitality

With some 2,200 employees across a footprint that stretches into four states and abroad, the Chamoun family is focused on extending their heartfelt hospitality as the company continues to grow.
Mastering the gift of pause and why it is a great opportunity
The next time life presents you with the gift of pause, don’t waste it on panic. Instead, embrace it and enjoy the pause.
How the One Big Beautiful Bill Act will impact middle-market businesses
Brady Ware’s Kristin Krabacher on the provisions in the OBBBA that likely matter most to middle-market businesses.
New solutions help companies move beyond legacy phone systems
Blue Technologies Smart Solutions’ Lauren Hanna on the challenges of legacy phone systems and the modern solutions that address them.
Patience is a virtue, even if you’re not used to waiting
By putting your focus on the long term and trusting yourself, your colleagues and your process, you can lead your business through the low points of its story.
The people side of M&A due diligence
Numbers may tell the story on paper, but it’s the people that make a business successful. Be sure you’re reading the whole book.
The remote work dilemma
While I’m of the opinion that being in the office is imperative for both the organization and the employee, objectively, I do understand the argument for remote or hybrid work.
When your best need boundaries
Top performers are difference makers and need protecting — not from outsiders trying to poach, but from themselves and the organization they support.
How will you develop employees who are ready to face the future?
If you don’t train your employees in the latest technology and emerging trends, allowing them to expand their skill sets, your company will fall behind its competition.
Success in selling your company stems from being coached up
With the Great Ownership Transfer underway, this preparation has never been more timely.
Are you a micromanager? Can you be saved?
If you have micromanagement tendencies, you will always see the need for your overbearing, overcontrolling and bullying behavior.
AI agents are the next workforce revolution
If you’re not developing the ability to adopt, integrate and manage AI as part of your workforce, you may be falling behind.
Essential books for leaders
Here are the top seven books I find myself recommending time and time again for leaders.
AKS Cutting Systems focuses on quality, relationships through change

A lot has changed in the 100-plus years since AKS Cutting Systems first became a company. But one thing hasn’t: its dedication to quality.
Northeast Ohio Deal Activity, August 2025: The growing role of AI in M&A transactions

As AI tools continue to mature, their impact on M&A efficiency and competitiveness will likely expand.
Pittsburgh Deal activity, August 2025: The growing role of AI in M&A transactions

As AI tools continue to mature, their impact on M&A efficiency and competitiveness will likely expand.
How Jared Maloof navigates obstacles in the nascent cannabis industry to grow Standard Wellness Co.

How Jared Maloof helped build Standard Wellness into a vertically integrated multi-state operator with almost 400 employees in four states, nearing $100 million in revenue.
Tariffs create challenges, opportunities, in industrial real estate
Cushman & Wakefield | CRESCO Real Estate’s Eliot Kijewski on how tariffs have affected warehousing real estate, and the opportunities this situation creates.
The three-legged stool of exit planning
The 4:8 Group’s Bob Bove on the Exit Planning Institute’s “Three-Legged Stool” of exit planning and how it can help business owners maximize value in a transaction.
3 questions to ask your banker when planning to grow your practice
First Federal Lakewood’s Eric Jones on the importance of aligning your practice’s long-term growth plans with a banking partner and what questions you should be asking.
How AI is helping legal professionals unleash organizational knowledge
Blue Technologies’ David Cramer on how AI is helping legal professionals unleash organizational knowledge.
Sorting out the challenges created by ever-changing federal trade policy
Brady Ware’s Kristin Krabacher on tariffs and the impact they are having on U.S. businesses and how companies are mitigating the negative effects.
Columbus Deal Activity, August 2025: The growing role of AI in M&A transactions

As AI tools continue to mature, their impact on M&A efficiency and competitiveness will likely expand.
2025 Columbus Smart 50: Celebrating leadership and impact in Central Ohio

The Smart 50 awards recognize the leadership of Central Ohio’s top companies. Check out this year’s honorees!
Northeast Ohio Deal Activity: Preparing to sell your business

The Cleveland M&A market experienced a 46.7 percent increase in activity in April 2025 compared to the same period in 2024, with several noteworthy transactions completed by both strategic acquirers and private equity firms.
How an improved financial reporting cadence leads to better decision making
Corrigan Krause’s Trevor Ray on the importance of timely and accurate financial statement information in making informed business decisions.
How nonprofits unknowingly trigger tax events
Buckingham, Doolittle & Burroughs’ Nathan M. Fulmer on the ways tax-exempt organizations can trigger a tax event.
The importance of document and security compliance
Blue Technologies’ Curtis Verhoff on document and security compliance and how it insulates companies from risk.
Loan strategies in today’s uncertain interest rate environment
ERIEBANK’s Wesley Gillespie on loan strategies and other funding considerations for businesses in today’s interest rate environment.
Harnessing the tension of opposites to produce results in a challenging market
Our Lady of the Wayside’s Terry Davis on how for-profit and nonprofit organizations choose their next right move in an environment of evolving uncertainty.
How AI is being utilized in quality and process improvement
Corporate College’s Samantha Kaplan on how AI is being utilized in quality and process improvement decision-making.
Dealing with tariff-policy-induced uncertainty
Glenmede’s David Legeay on the impact tariffs are having on the market and what business leaders can do to navigate them.
Meet the 2025 Smart Women Award honorees

The 2025 Smart Women honoree class represents savvy women leaders who leverage unique strengths to drive change, build community and revolutionize the status quo.
Tariff talk is having an effect on the Northeast Ohio industrial real estate market
Cushman & Wakefield | CRESCO Real Estate’s George J. Pofok and George Pofok, Jr on the impact the threat of tariffs have on the Northeast Ohio industrial real estate market.
Strategies wealthy investors use during times of tumult
The 4:8 Group’s Bob Bove on the playbook wealthy investors use during downturns.
Using AI to streamline business operations
First Federal Lakewood’s Danielle Bailey on how she’s seen her clients streamline business operations using AI.
What to consider when selecting a technology partner
Blue Technologies’ Jessica Dynia on what to consider when choosing a technology partner.
Uncertainty hobbles dealmakers as the M&A world awaits clarity

Several area dealmakers offer their take on how they’re seeing the market, the opportunities and challenges facing both buyers and sellers, and how they expect the deal year to finish up.
Don’t fake it, make it
Have you built the company to amplify your strengths and support the areas where you are weak? Or is it built based on your idea of a leader?
2025 Smart Culture Awards

The 2025 Smart Culture Awards honor local organizations that have demonstrated cutting-edge practices in cultivating and sustaining their culture. See who we recognized this year.
Supreme Court decision favoring IRS may affect your business valuation
Glenmede’s Bethany Bryant on the importance of reviewing buy-sell agreements, life insurance ownership and personal estate plans in light of Connelly v. United States.
Your printer could be your biggest cybersecurity gap
Blue Technologies, Inc.’s Jeremiah Wagner on the problem older devices pose to an organization’s network, and what to do about it.
Why you should consult with your CPA more than just at tax time
Corrigan Krause’s Jim Suttie on how sharing more financial reporting with a CPA can help a business leader make better strategic decisions.
Overcoming challenges in the Northeast Ohio industrial market
Cushman & Wakefield | CRESCO Real Estate’s Ryan Curtin on the challenges and opportunities in the Northeast Ohio industrial market, and how to navigate them.
How to prepare for and respond to litigation
Buckingham, Doolittle & Burroughs LLC’s Jude Streb and Erin Dickinson on how to properly respond if sued.
Northeast Ohio Deal Activity: How tariffs are reshaping the M&A market

As trade policies continue to evolve, dealmakers who embrace flexibility, creativity and proactive risk management will be the best equipped to navigate the shifting terrain and emerge stronger.
In honor of my good friend, Michael Feuer
Through my relationship with Michael Feuer, I learned many lessons — not only about business, but also life — that helped shape who I am today.
How to move naysayers kicking and screaming over the finish line
To succeed, you need a good idea, the ability to sell and groom acolytes to make them believers, and a leader who can pull all the pieces together to complete the puzzle.
The legacy of mentorship
True success isn’t just about what you build, it’s about what you pass on
Not knowing what to do is an opportunity for growth
Not knowing what to do is not a sign of failure or weakness; it is an opportunity to grow and develop resilience.
Great leadership is always about giving
Business is always about winning — in value-driven, moral and ethical ways.
Riverside’s formula for investing in success to drive long-term growth

From a little buyout shop to a global firm, co-CEOs Béla Szigethy and Stewart Kohl discuss the fundamental business philosophies underpinning The Riverside Co.’s incredible growth.
The benefits, and trade offs, of tax-loss harvesting
The 4:8 Group’s Bob Bove on tax-loss harvesting and what investors need to know to leverage the strategy for maximum benefit.
How to manage financial risk
First Federal Lakewood’s Scott Gnau on how to navigate possible financial risk effectively.
As the new hybrid work model takes hold, organizations must adapt their print plans
Blue Technologies’ Dale Bielek on the changes organizations are seeing with the new hybrid work model and how their print management strategies must adapt.
Your business has a plan. Do you?
If you’re not fit to run yourself, how can you be fit to run your company?
Not my circus, not my monkeys: If only this were true, life would be easier.
Circuses, like businesses, must deal with everything from the mundane to the exotic, and protesting that it was not your issue will only delay resolutions and impair the organization’s strength.
What businesses should know about Ohio’s new anti-SLAPP laws
Buckingham, Doolittle & Burroughs’ Andrew Stebbins and Christina Williams on anti-SLAPP laws, and when and how businesses might encounter them.
Creating a wealth plan that aligns the complexities of business ownership with personal goals
Glenmede’s Bethany Bryant on how a wealth plan can empower you to live the lifestyle you desire and create a plan to ensure the ongoing wealth of your family and the continuity of your business.
Hyper-converged infrastructure offers data-center simplicity
Blue Technologies’ Mark Dunkley on hyper-converged infrastructure, what it is and how it’s benefiting businesses.
New SECURE Act provisions bring changes, opportunities to employer retirement plans
Corrigan Krause’s Sheri L. Terens on the SECURE Act, its most recent provisions to take effect, and what employers need to do because of it.
How Flexjet fuels growth around the globe with a focus on building trust and exemplifying empathy

By embracing three guiding principles Kenn Ricci fuels Flexjet’s growth while carving out its position as an industry leader.
Aqua Doc takes care of lakes and ponds by taking care of its customers

John M. Wilson Jr. grew up seeing his father work as a doctor, helping people get and stay well. His life’s work has been focused on helping ponds and lakes do the same.
The commoditization of generative AI
The advent of these innovations signals an exciting era where generative AI is a practical tool accessible to any business ready to innovate.
How small acts make a big difference
As we contribute to our communities, it is important to remember that lasting change is built on small, consistent actions.
Northeast Ohio Deal Activity: Artificial Intelligence and its Impact on M&A

In December 2024, U.S. deal volume experienced a decline, down 12.7 percent compared to December 2023.
Positivity reigns as dealmakers expect a bullish M&A market despite continued macroeconomic challenges

Dealmakers on their characterizations of the market, how they’re faring in it and the major factors at play in M&A deals.
Pittsburgh Deal Activity: Artificial Intelligence and its Impact on M&A

In December 2024, U.S. deal volume experienced a decline, down 12.7 percent compared to December 2023.
Omission carries more regret than commission
Don’t be afraid. As leaders, making difficult decisions is a core part of our responsibility that can’t be outsourced or avoided.
Every business must change or become a victim of change
Like it or not, you’re doing business and competing in an age where existing and prospective customers sometimes have access to information even before you.
Options to accommodate printing in an increasingly remote environment
Curtis Verhoff talks about how cloud-based solutions are helping organizations meet the remote-work moment.
Securing financing for your small business
First Federal Lakewood’s Scott Gnau talks about the key tips to helping business owners secure the funding they need to grow and thrive.
Maximizing the value of the professionals you rely on for guiding your business
The 4:8 Group’s Bob Bove on how a wealth adviser can help maximize charitable giving efforts for both you and the recipient organization.
2025 Smart Business Evolution of Manufacturing

The 2025 Smart Business Evolution in Manufacturing Awards honor innovative Northeast Ohio manufacturers. See who we recognized this year!
Pittsburgh Deal Activity: The pivotal role played by representations and warranties insurance

The outlook for RWI in middle-market M&A transactions remains strong, driven by low insurance rates and ample market capacity.
2025 Pillar Award for Community Service – Greater Cincinnati

The Greater Cincinnati 2025 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year!
Columbus Deal Activity: The pivotal role played by representations and warranties insurance

In today’s middle-market M&A environment, managing post-closing risks and optimizing deal structures are crucial for both parties.
What changes business owners will be watching for in 2025
Brady Ware & Company’s Matt McKinnon on possible changes to the 2017 Tax Cuts and Jobs Act and their expected effects.
2025 Pillar Award for Community Service – Columbus

The Columbus 2025 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
The importance of enterprise-wide technology solutions
Lauren Hanna of Blue Technologies Inc. shares how companies can reach digital maturity.
How to prepare when potential tax changes seem imminent
Kristen Batke of Corrigan Krause shares what businesses should consider for this tax year and beyond.
Estate planning is prudent regardless of what changes might await
Those who are considering their estate planning strategy should pay close attention to what’s going on in Congress.
How brokers and economic developers can drive regional growth together
Bryce Sylvester of Cushman & Wakefield | CRESCO Real Estate shares how a comprehensive understanding of the commercial real estate market, including site availability, market trends and zoning regulations, is key.
Northeast Ohio Deal Activity: The pivotal role played by representations and warranties insurance

The Cleveland M&A market experienced a 31.2 percent increase in activity in November 2024 compared to the same period in 2023.
How Bob Serpentini is developing future leaders to grow Serpentini Auto Group

Serpentini had to learn that running a sustainable business demands more than just steady sales.
Why this is the year to go all-in with your business
The time is right to be bold. Confidence is high and the sense of uncertainty that plagued many in the C-suite these past few years is behind us.
Skepticism is a positive tool
Teach your team how to use skepticism as a positive tool.
How to blend human strengths with AI in B2B marketing for 2025
Effective communication fosters trust, minimizes resistance, and ensures a successful transition, helping companies emerge as trusted organizations to stakeholders, employees and the media.
A CEO’s guide to the next 12 months
Creating a future-forward sales growth strategy is a leadership imperative.
The importance of personal connections through face-to-face meetings
Akron/Summit Convention & Visitors Bureau’s Gregg Mervis talks about the importance of personal connections in business and how — and how not — to facilitate them.
Why sell-side diligence is increasingly popular in M&A processes
Clark Schaefer Hackett’s Nick Scharfeld on sell-side due diligence, what it entails and why it’s an exercise that greatly benefits sellers.
Managing cash flow during the holiday season
First Federal Lakewood’s Alix Kaufmann offers helpful tips businesses can implement during this busy time — and afterward.
A charitable planning primer to maximize benefits
The 4:8 Group’s Bob Bove on how a wealth adviser can help maximize charitable giving efforts for both you and the recipient organization.
Vendor consolidation improves organizational performance
Blue Technologies’ Billy Nelson on consolidating vendors to improve organizational efficiency and reduce expenses.
Northeast Ohio Deal Activity: Strategic divestitures on the rise

Strategic buyers often find that divested assets can provide an expedited pathway to expand geographic reach, enhance product lines or strengthen specific capabilities.
Estate Planning: Special Advertising Section

Estate Planning Council of Cleveland members from a variety of disciplines offer insights on a range of topics related to estate planning and wealth management.
2024 Pillar Award for Community Service – Northeast Ohio

The Northeast Ohio 2024 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
Unleash your people to unleash innovation
Not every idea will be a good idea, but consider opening your door to more of them rather than creating policies that keep them out.
Can’t live with ’em, can’t live without’em.
Prima donnas take more time and attention, but the alternative of losing high performers can be worse. Don’t ever forget the superstars who produce are proven commodities.
It’s time to upgrade your operating system
Creating a framework that aligns your team around a shared vision, identifies and solves issues early, and ensures that you have the right people in place, you can unlock new levels of success.
A lesson in resilience for startups
The odds of a startup surviving 10 years is less than 50 percent, according to the U.S. Bureau of Labor Statistics. Fortunately, thanks to the support of our investors, our terrific advisory board and talented Citymark colleagues, we have beaten those odds.
For leaders, time is the best teacher
The early stages of your leadership journey are the gathering phase. After 10 or so years of gathering tools, you will begin to apply them more frequently and more artfully, and you will start to see your leadership as a form of creative expression.
How Astrobotic Technology put itself at the forefront of the effort to return to the moon

Astrobotic’s goal of establishing an extended human presence on the moon is seen as a means of reducing the costs of further space exploration, potentially leading to more ambitious missions elsewhere.
2024 Pittsburgh Smart 50 Awards recognize region’s top leadership

Smart 50 Pittsburgh recognizes the region’s top leadership. See who took home the honors this year!
Northeast Ohio Deal Activity: Maximizing value: Why hire an investment banker?

Investment bankers can assemble a collaborative deal team of transactional accountants, attorneys and tax advisers, ensuring that all aspects of the transaction are comprehensively addressed.
2024 Northeast Ohio Smart 50 Awards recognize region’s top leadership

Smart 50 Northeast Ohio recognizes the region’s top leadership. See who took home the honors this year!
Market headed toward retail occupancy and branding
As a landowner, if you can be flexible on how you’re willing to structure a deal, you’ll broaden your chances of landing a health care provider as a tenant or buyer.
The current estate tax and trust exemption expires soon. Are you ready?
There are only 13 months to set plans in motion to take advantage of the current estate tax exemption.
How to make a seamless transition to the cloud
Ultimately, not only should a transition to the cloud unlock capabilities that will have a positive impact on an organization, it will also set it up to more easily adapt to future technology.
Companies must file before 2025 or face significant penalties
With proper planning, your charitable intent can make a much larger impact.
How to get more from your charitable giving
With proper planning, your charitable intent can make a much larger impact.
Your endless meeting cycle may be stifling your innovation
Sometimes we can come to rely too much on our immediate circle.
It’s not a time for guessing, you need to have an action plan at the ready
Being a good leader requires a keen mind, emotional fortitude and a strong stomach.
Cascade Capital Corporation 2024 Business Growth Awards

Recognizing outstanding companies that fortify the strength of the Northeast Ohio regional economy.
To get the best customer feedback, go right to the source
Sometimes going direct to the source can offer valuable insights.
Empowered teammates take pressure off senior leaders
Building empowered teams of leaders allows senior leadership to detach themselves from the business when needed to achieve that important and healthy balance in life.
AI is not to be feared, but understood
While no one knows for sure what AI will bring in the long run, one thing is clear: We all need to know more about it.
Banking locally for a positive impact on business
First Federal Lakewood’s Scott Gnau on the benefits of banking locally and how it can positively impact your business.
The value of multigenerational family meetings in passing on wealth
The 4:8 Group’s Bob Bove on why family meetings are critical when transferring wealth.
Cybersecurity Maturity Model Certification is here. Manufacturers must be ready.
Blue Technologies’ Cristina Alati on the new CMMC within the NIST framework and what manufacturers must do to comply.
The importance of third-party risk management
Clark Schaefer Hackett’s Tom Armstrong on how to better manage risks inherent in third-party relationships.
A primer on spotting and dealing with time wasters, users and hangers-on
What is the best way to handle these situations and at the same time not come off as a jerk?
2024 Northeast Ohio Smart Business Dealmakers Rising Stars

The 2024 Northeast Ohio Smart Business Dealmakers Rising Stars program recognizes up-and-coming professionals in M&A. Here are the dealmakers we’re honoring this year.
What to consider as the estate and gift tax exemption nears expiration
Brady Ware’s Mark Kassens on strategies to take advantage of the estate and gift tax exemption as it currently stands.
Activity tightens as the deal world’s eyes watch D.C.

Several area dealmakers talked to Smart Business about how they see the current M&A market. Here’s what they have to say.
Columbus Deal Activity: Enhance business value before selling with a Tax Diagnostic Review

Selling a business can be a very stressful and emotional experience. To alleviate this stress, it’s always a good idea to hire a quality investment banker, who can provide expert guidance.
How Ken Taylor is preparing the fourth generation to carry on Ohio CAT’s legacy

By giving back, Ohio Machinery Co. continues building up the state, from major construction projects to causes behind the scenes.
Northeast Ohio Deal Activity: Enhance business value before selling with a Tax Diagnostic Review

Appropriately understanding and identifying deal fatigue can allow for proper planning and prevent potential deal-breakers.
Advanced planning can unlock substantial savings through government tax credits, incentives
Richard Fry III talks about some overlooked credits and incentives that could be applied to capital projects and other business activities.
Tax planning strategies for high-net-worth individuals
Gary Isakov talks about tax considerations for high-net-worth individuals.
Process automation coupled with cloud technology is making an impact
Brian Brock talks about how cloud technology coupled with process automation is helping organizations achieve more than ever.
Your company’s business classification is worth another look
It’s easy to get in the mindset of business as usual, but market conditions change as do tax laws. If the company’s entity classification was last considered when the business began, it’s time to take another look.
Current commercial real estate market conditions narrow options for business
Whether you are a landlord leasing out space, or a tenant looking to renegotiate your current lease, or buy or lease space to make a move, an experienced broker can pay huge dividends.
Find the right banker to assist with a succession plan
The right banker can help you create a succession plan that helps ensure your business survives into the next generation, even when you are no longer there to steer it.
There’s danger in putting all your eggs in one basket
It takes a lot of effort to retool an organization, and doing so is not without risk, but the payoff could be transformative.
Don’t shoot the messenger
If someone has bad news, it must be delivered in person or, if that’s not possible, by telephone. Email is not an acceptable substitute.
3 things I got wrong about becoming a leader
People that find themselves in leadership roles, particularly those at a young age, often get there because they are confident they can do it, because they’ve been frustrated with their past bosses, and because they want a challenge.
A new generation of Cleveland leaders collaborates for success
A healthy Fortune 500 company is good for Cleveland and vice versa, a healthy Cleveland provides an environment for corporate success.
Managing expectations in times of change
Embracing change is not merely a choice but a strategic necessity.
3 ways humanities lovers drive business success
Seeking out people and experiences grounded in the humanities will give your organization an advantage.
M&A communication best practices
Effective communication fosters trust, minimizes resistance, and ensures a successful transition, helping companies emerge as trusted organizations to stakeholders, employees and the media.
How highly profitable companies set strategy
By ensuring that you have a visionary strategy, a sales strategy and a marketing strategy all working in harmony, you position your organization not only for immediate growth but for sustained success in the future.
Considerations before pursuing an M&A transaction
By doing your research, you’ll enter a merger and acquisition situation as well informed as possible, whether you’re pursuing a new alliance or being sought for one.
Understanding a business valuation and how to use it
Too often, when business owners get a valuation, they stick it in the drawer and never look at it again. But if they study it, there are things that they can learn to make their business better and more valuable.
Brian Zimmerman grows Cleveland Metroparks into its second century of stewardship

With several projects underway to continue enhancing aging facilities, expanding amenities and extending the Cleveland Metroparks’ reach throughout the community, Zimmerman sees plenty of opportunity to boost the system’s value and impact as its footprint continues to grow.
How to establish a cybersecurity baseline, and why you should
Cybersecurity requires regular assessments of the environment, identifying the top risks, patching those and then retesting to confirm those issues have been resolved.
How flaws in internal accounting department processes affect company health
Clark Schaefer Consulting’s Jeff Pavelschak and Joe Brown on why internal accounting department process improvement is critical for organizational health.
Five treasury management services to utilize for your business
First Federal Lakewood’s Alix Kaufmann on what treasury management products and services business owners should take advantage of.
Big goals are reached after taking many little steps
On your way to doing big things with your company, remember it’s all the little steps that get you there.
Give some love, respect, and gratitude
Every customer, however, does remember how they were treated during the transaction, and if their expectations were met or even exceeded.
Columbus Deal Activity: The unpredictable yet significant variable of deal fatigue

Appropriately understanding and identifying deal fatigue can allow for proper planning and prevent potential deal-breakers.
Pittsburgh Deal Activity: The unpredictable yet significant variable of deal fatigue

Appropriately understanding and identifying deal fatigue can allow for proper planning and prevent potential deal-breakers.
Northeast Ohio Deal Activity: The unpredictable yet significant variable of deal fatigue

Appropriately understanding and identifying deal fatigue can allow for proper planning and prevent potential deal-breakers.
Re-consider, re-focus and re-commit to your team and your goals
Consider how to take a “Re” approach to parts of your business. Re-think the possibilities, re-visit the vision you once had and re-ignite your passion for the future.
A powerful (and underutilized) growth strategy
As you consider your sales strategy, think creatively by including nonprofit board service — a powerful, underutilized tool for growth.
Mentorship ensures the leadership pipeline continues to grow
Encouraging and preparing our potential successors — even if not activated until a number of years down the road — is truly bringing someone else along with you as you ascend to new heights yourself.
Northeast Ohio Deal Activity: Navigating the M&A market’s gentle rebound

Following the post-pandemic boom of deal volume in 2021, the market in subsequent years witnessed an unfortunate decline, presenting a “masterclass” in volatility.
Celebrating 90 years in business, Swensons Drive-In fuels growth by embracing its legacy

Swensons has become revered both for its fresh-grilled, made-to-order meals, as well as its friendly, speedy curbside service.
Challenges, strategies for dividing assets of blended families
Estate planning and dividing assets for a blended family can be an emotional, complex and challenging process.
Help is there for those anxious about a digital transition
Digital tools to improve efficiency and how to incorporate them into any organization.
New accounting standards offer deeper insight into customer relationships
It’s important that companies stay ahead of the ever-changing landscape of GAAP accounting.
How social media can position you — and your business — as an expert
Social media lets you access an untapped market. It’s free to use — you only have to pay for your time.
Fraud protection is critical for your business and your people
Across the spectrum of businesses, business email compromise is the most common fraud perpetrated.
How prevailing party clauses offer leverage to the little guy
Prevailing party clauses tend to provide a greater benefit to the smaller subcontractors and other project players because it eliminates some of the advantages of deep pockets that larger project partners possess.
As more things change, some things must stay the same
Change in a business is inevitable. The market is seemingly being reshaped daily by innovations and disruptions, driving some businesses to entirely rethink how they deliver services.
Every company must have these in its tool chest
Happy endings in the movies and real-life business occur when everybody knows what to do when issues arise out of the blue.
Three principles for equipping individuals and teams for innovation
Conversations build trust. Successful implementation of any innovation requires trust.
Are you overlooking your foreign currency risks?
Huntington Bank’s Sean O’Connor on foreign exchange risk and strategies to hedge against it.
How family-owned Equipment Corporation of America cemented its place in the construction world

Equipment Corporation of America is the exclusive distributor for several of the leading rigs in the industry and offers sales, rentals, service, parts and training from its 11 facilities throughout the eastern United States and all Canadian provinces.
The importance of enterprise-wide technology solutions
Lauren Hanna of Blue Technologies Inc. talks about how companies can reach digital maturity.
How to address shortages in accounting staff
Clark Schaefer Strategic HR’s John Throckmorton and Sam Lickert talk about the issues facing accounting departments and the solutions that exist to address them.
Top banking tips for small businesses and medical practices
First Federal Lakewood’s Eric Jones shares key advice that small business owners and medical professionals should look out for to ensure their success in a competitive market.
How to leverage life insurance to maximize retirement savings
Berson-Sokol Agency’s Craig Berson shares how life insurance can be a powerful and tax-advantaged part of a retirement savings plan.
Market conditions have dealmakers digging deeper for elusive M&A gold

Interest rates are, unsurprisingly, top of mind for the dealmakers we spoke with for this year’s state of M&A article.
Stop settling for good. Chase great.
Innovation takes consistent effort. And as leaders, that responsibility falls on us.
Northeast Ohio Deal Activity: Navigating M&A turbulence amid economic and political uncertainty

While numerous intricacies and discussion lie ahead regarding the forthcoming FY 2025 budget, a thorough understanding of the tax implications for owners selling their business is essential for maximizing value and achieving their long-term financial objectives.
The more important the person, the faster the response
There is little reason to believe that internet communications will be reduced in the future. Therefore, managing your workload, minimizing anxiety, and striving for a pristine and uncluttered inbox reflect a day’s work well done.
Tips for new leaders on strategic planning
Being great at leading strategic planning is perhaps the highest expression of artful leadership. So don’t run from it. Leave your fears behind and dive in!
Creating an actionable strategic plan
For a strategic plan to be actionable, meaningful, and transformative, you must encompass those famous interrogatives from grade school — What, Why, Who, Where, When, and How — at the onset of planning.
2024 Smart Culture Awards

The 2024 Smart Culture Awards honor local organizations that have demonstrated cutting-edge practices in cultivating and sustaining their culture. See who we recognized this year.
What to consider when investing in real estate
Investors should consult with their professional advisers, including their CPA, before making any major real estate decisions.
How Destiny Burns creates a sense of community at CLE Urban Winery

Since founding CLE Urban Winery in 2016, Destiny Burns has built a resilient business model — not to mention a dedicated following — that has helped grow and sustain her winery even through the pandemic.
What to know about AI and tech advancements in M&A due diligence
How AI and technology software innovations have affected the M&A process and what buyers and sellers should know.
Multigenerational succession planning now saves heartache later
To ensure your business continues beyond you, and in the way you desire, it’s critical to have a plan, says Jennifer Scroggs, Senior Vice President, Wealth Management Director, Premier Bank.
Creative uses of life insurance as a tax and wealth-planning tool
Life insurance is one of a wide range of options and should be evaluated with objective advice from trusted advisers.
How AI is enhancing physical security across organizations
AI-enhanced physical security systems and how they can improve security across a variety of organizations.
Now is a good time to consider a new office space to attract talent and stand out
To ensure your new space meets your needs and presents a luxurious front to both talent and clients, it is critical to identify what you are trying to accomplish with a move — and how to best ensure success.
How Frederique van Baarle drives growth for LANXESS in America

We should be part of that discussion to educate local communities and government officials about why we use certain materials in the chemical industry, how they impact our everyday lives, and how we are working to reach our sustainability goals.
Gauge your success by how much you can give
Rather than asking how much you should donate, ask how much you really need to keep. Sometimes just a small gift makes a big difference to someone in need.
Measure twice, but only cut once
Learn from these near-heart-stopping fumbles and always proofread three times, the last time aloud before pressing the send key.
Unexpected loss
Huntington Bank’s Sean O’Connor on life insurance, and how it can preserve company value in the event of the unexpected loss of a key individual.
Columbus Deal Activity: Increased scrutiny on forecasts in a volatile market

Because companies have been operating for several years in a unique environment caused by the COVID-19 pandemic, buyers are more skeptical that recent performance is an indicator of what is to come.
Pittsburgh Deal Activity: Increased scrutiny on forecasts in a volatile market

Because companies have been operating for several years in a unique environment caused by the COVID-19 pandemic, buyers are more skeptical that recent performance is an indicator of what is to come.
Northeast Ohio Deal Activity: Increased scrutiny on forecasts in a volatile market

Because companies have been operating for several years in a unique environment caused by the COVID-19 pandemic, buyers are more skeptical that recent performance is an indicator of what is to come.
Meet the 2024 Smart Women Award honorees

Whether making mid-life professional pivots or dedicating their entire careers to a single field, the women joining this year’s Smart Women Breakfast & Awards panel have successfully carved out opportunities for themselves across a range of male-dominated industries. On April 25, this panel of female leaders will take the stage to share their unique career experiences, with the goal of inspiring other businesswomen to overcome and achieve.
How Marous Brothers Construction’s operation and culture are reflected in its headquarters

Name the building type, and they’ve probably built it.
But perhaps the best way to understand Marous Brothers’ operation is through the building the company constructed for itself.
How strength training can improve your life — and make you a better leader
Too many people spend 30 years building a business and then can’t enjoy it because they haven’t focused on their health. The rewards are life-changing and can give leaders a new lease on life.
Embrace a digital-first banking approach to running your business
Your business banker is there to identify your business’s pain points and then present you with options to make running your company more efficient in the long run.
Considering the other side in an M&A deal can lead to tax benefits for both
Further, because of the complexity in an M&A transaction, both buyers and sellers should be thinking about the tax ramifications of a deal very early on, well before they plan to sell or acquire a company.
Fax technology will soon lose support. Here are some alternatives.
Organizations should talk with their technology provider and ask them to look at their current fax usage to find an alternative method before the analog lines are no longer supported. There are several faxing alternatives that can be put in place and their technology partner can help them make that transition.
How annuities can fit within a personal investment portfolio
Those who purchase a deferred annuity should know liquidity is limited. The company may let you access a small portion of your money penalty free but any withdrawals above the penalty-free amount will be subject to surrender charges.
Why your budget should include a line for outside advisers
Those who have been in business for a while should be able to sort out the good consultants from the bad. And if you’d like an outside opinion on that, talk with your peers or professional advisers, who will most likely have a name or two to get you started.
Despite its low profile, Management Science Associates makes a big impact across many industries

As data continues to drive decisions all around us, MSA will continue to be right there studying it.
Work for the best, prepare for the worst and question overly friendly watchdogs
Success is a balancing act of being a skeptical optimist, preparing for the worst while working unwaveringly for the best.
How to protect margins from cyclical commodity price changes
Buyers that have constant commodities exposure should always have an eye on the market and regularly keep in touch with their bank so they can act when prices are low.
How Jorge Garcia-Zuazaga expands Apex Dermatology with a focus on efficient care

When Jorge Garcia-Zuazaga, MD, MBA, FAAD, FACMS, founded Apex Dermatology and Skin Surgery Center in 2011, he never imagined opening more than a dozen locations within the next dozen years, or cutting the ribbon in front of his brand-new headquarters. He didn’t set out with grand visions of growth, but rather, a goal to improve […]
The importance of being teachable and open to new perspectives
While your past wins may give you confidence, your future success depends on a perspective that’s broad enough to avoid blind spots.
How to enhance your reputation and polish your image
There is nothing egomaniacal or inappropriate about letting others know what you do. This applies to everyone from a newbie manager to an entrenched CEO. I’m not suggesting shameless self-promotion or gratuitous boast-and-brag assertions about yourself that only a mother would care about, and even that’s iffy. Instead, I’m recommending substantive communications, which are the […]
How restructuring can get a business out of a systemically tough situation
Restructuring process — when it should be used, what’s involved, and how it helps.
Update your estate plan before scheduled 2025 tax changes
Wealth and estate planning moves that should be discussed well ahead of potential 2025 tax law changes.
How CEO Adam Golomb keeps iconic Pittsburgh institution Primanti Bros. evolving

Though it might not seem obvious for a 90-year-old sandwich shop to be on the cutting edge, the Pittsburgh-born Primanti’s, under the guidance of Pittsburgh-born CEO Adam Golomb, keeps evolving with the times and has expanded well beyond its humble origins in the Strip District to become a regional restaurant powerhouse.
Pittsburgh Deal Activity: Founder-owned companies propel optimism in 2024 M&A market

In 2023, various factors posed challenges to the mergers and acquisitions (M&A) market. Rising inflationary pressures increased borrowing costs and complicated valuation, influencing strategic decision-making and regulatory scrutiny. Additionally, escalating interest rates and overall macroeconomic uncertainty prompted many dealmakers to abstain from engaging in transactions, especially when compared to record years following the COVID-19 pandemic. […]
Nic Barlage drives Rock Entertainment Group’s ambitious plans for itself and the city

Much like a basketball net itself, REG, under Dan Gilbert’s vision as founder and chairman and Barlage’s leadership as CEO, is made up of elements woven together.
How findings during tax seasons can help shape strategic planning
The story that taxes can tell a business and how to translate that story into better strategic planning.
Businesses, developers may find significant opportunity west of Cleveland
The opportunities for real estate development in Cleveland’s western suburbs.
Visitor management systems offer personalized benefits for many organizations
Visitor management systems, their functions and features, and how organizations of many types are benefiting from their deployment.
Investors must recalibrate to see returns in today’s market
How the conditions in today’s market should prompt investors to recalibrate their approach.
How community banks stand out from their larger competitors
The benefits for businesses of working with a community bank.
Fractional social pros can be a strategic advantage
Fractional social pro role and how it can help companies reach their marketing goals.
How to handle the rise in requests for work accommodations
Factors that determine whether employers are required to provide remote option arrangements and the risks surrounding the decision.
Now is the time to address groundskeeping issues
Changing groundskeeping trends and what corporate property owners should be ready to do now.
Columbus Deal Activity: Leveraging earnouts and seller notes

As we look towards 2024, the judicious application of earnouts and seller notes will continue to play a pivotal role in shaping the financial landscape of M&A transactions
2024 Smart Business Evolution of Manufacturing

The 2024 Smart Business Evolution in Manufacturing Awards honor innovative Northeast Ohio manufacturers. See who we recognized this year!
Why strength training after age 30 is important for physical, mental health
MaxStrength Fitness’s Jeff Tomaszewski on the role of strength training in maintaining muscle mass and improving overall health.
The tax advantages of life insurance
Berson-Sokol Agency’s Craig Berson on the tax advantages of life insurance and how to unlock each policy’s potential.
The importance of having a succession and financial plan
First Federal Lakewood’s Scott Gnau on what a succession and financial plan looks like and who should be involved.
How to build a transformative executive team
Clark Schaefer’s Peter Olmsted on building a transformative executive team.
The fun is in the fight
Embrace the challenge, persevere and enjoy the ride, no matter how rough it gets at times.
How companies are maintaining productivity in the hybrid model
Blue Technologies’ Dale Bielek on how companies can enable employees to stay productive as they move seamlessly between home and work offices.
Northeast Ohio Deal Activity: Leveraging earnouts and seller notes

As we look toward 2024, the judicious application of earnouts and seller notes will play a pivotal role in shaping the financial landscape of M&A transactions.
ThenDesign Architecture is building the next generation of Ohio schools

At ThenDesign Architecture (TDA), collaboration is the cornerstone of each new project.
Have you found your replacement?
The bottom line for owners, CEOs, and executives is that we cannot wait until the year before retirement to start planning.
Cleveland as Ohio’s career capital
We must have more than “help wanted” signs outside our businesses; we must have a robust system that trains, upskills and matches employees with employers.
The sudden loss of an MVP
Amidst the shock of losing someone you worked beside every day is the reality of losing someone who was so impactful to your organization.
Inspiring engagement through a coach approach
People are more motivated and engaged when they feel understood, appreciated and connected.
Positive signs in M&A can be found despite inflation, interest rate constraints

Dealmakers on their characterizations of the market, how they’re faring in it and the major factors at play in M&A deals.
Companies that bite off more than they can chew will suffer from severe indigestion
It’s the same as trying to put ten pounds in a 5-pound bag; it usually bursts and makes a mess.
How to protect margins from cyclical commodity price changes
Huntington Bank’s Sean O’Connor working with commodities, the importance of understanding exposures and how companies can protect themselves, and their customers, from risk.
How special situations financing can help businesses facing liquidity issues
Riveron’s Robert Berdanier on capital options for businesses facing liquidity issues.
Pittsburgh Deal Activity: Leveraging earnouts and seller notes

In the dynamic landscape of M&A transactions, the strategic use of earnouts and seller notes has become increasingly prevalent.
2024 Pillar Award for Community Service – Greater Cincinnati

The Greater Cincinnati 2024 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year!
Recognize the symptoms of CEO disease before it’s too late
Much like you’d be quick to correct an employee’s detrimental habits, so should you want to quickly address any adverse behaviors you have in the workplace.
Managing through tightening liquidity
CM Wealth Advisors’ Neal B. Colby on alternative lending opportunities and how business owners can access them.
How to avoid tax on the sale of your real estate
Buckingham, Doolittle & Burroughs’ Steven Dimengo on like-kind exchanges and how to unlock their benefit.
The value a quality of earnings report offers ahead of a company sale
Corrigan Krause’s Spencer Helwig on quality of earnings reports — what they accomplish and why they’re important to those considering the sale of their business.
Tight industrial market makes being connected critical for buyers, tenants
Cushman & Wakefield | CRESCO Real Estate’s Eliot Kijewski on the state of the industrial real estate market in Northeast Ohio and what buyers and tenants can do to find what they need.
Hyper-converged infrastructure offers data-center simplicity
Blue Technologies’ Mark Dunkley on hyper-converged infrastructure, what it is and how it’s benefiting businesses.
Look for opportunities within today’s economic uncertainty
Premier Bank’s Matthew Leuenberger on ways businesses can adjust to the increased costs and uncertain economic conditions.
CEO Jon Bostock takes the wheel of the Leaf Home “Lamborghini” Matt Kaulig built

Here’s how Matt Kaulig built Leaf Home and how new CEO Jon Bostock plans to build upon this platform during the next chapter of the company’s unstoppable growth story.
Northeast Ohio Deal Activity: Cultural fit matters

One of the most critical aspects of a successful transaction, which can sometimes be missed or overlooked, is cultural fit.
How Sgt. Clean quickly became a big presence in the Northeast Ohio car wash scene

From an old car wash on Pearl Road to now 16 Northeast Ohio locations, Sgt. Clean Car Wash has earned accolades for its customer service and company culture.
2024 Pillar Award for Community Service – Central Ohio

The Central Ohio 2024 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
Columbus Deal Activity: Cultural fit matters

One of the most critical aspects of a successful transaction, which can sometimes be missed or overlooked, is cultural fit.
The importance of creating an annual budget and forecast
Brady Ware & Company’s Samuel J. Agresti on the importance of budgeting and forecasting, and how to get the most out of the exercise.
Make philanthropy part of your company’s moral fiber
When you open your corporate heart to others by involving your associates in doing something for others, it will elevate your corporate culture and your community caring profile.
Develop a crisis communications strategy now
Whether there’s a massive recall or tragedy, a crushing review that goes viral, or a global pandemic that threatens the lives of those in your care, crises happen.
Businesses are now facing a new and different type of potential pandemic
Symptoms include attention deficit disorder, uncharacteristic rudeness and other unintended consequences
How higher interest rates affect the M&A deal market
Riveron’s Robert Berdanier on the effect interest rates are having on the M&A deal environment and how sellers can maximize their position.
Life insurance as a risk management vehicle to preserve company value
Huntington Bank’s Sean O’Connor on life insurance, and how it can preserve company value in the event of the unexpected loss of a key individual.
How Graham Rihn’s obsession with waste reduction has fed RoadRunner Recycling’s growth

As Roadrunner Recycling’s Graham Rihn learned about the growing rate of commercial waste and the inefficient processes companies use to deal with it, he realized there had to be a better way.
Pittsburgh Deal Activity: Cultural fit matters

One of the most critical aspects of a successful transaction, which can sometimes be missed or overlooked, is cultural fit.
Programmatic M&A
Despite remaining headwinds and some uncertainty, the demand for acquisitive wins is strong.
Columbus Deal Activity: The 4th quarter comeback

Sports enthusiasts, business owners and M&A executives alike all love the thrill of a 4th quarter comeback
When culture and strategy go to dinner
Setting the cultural example and focusing the energy it creates through the strategic mission is the most important role of leadership.
The role of a technology roadmap and why it’s important
Blue Technologies’ Jessica Dynia on the importance of a roadmap when it comes to total office technology solutions.
Accounting departments are challenged by outdated documentation
Clark Schaefer Consulting’s Tami Stevens on issues arising from gaps in process documentation.
Prepping your business for 2024
First Federal Lakewood’s Scott Gnau on what businesses need to do to prepare for 2024 and how to start off on the right foot.
How an exercise routine can help your business
MaxStrength Fitness’ Jeff Tomaszewski on ways business leaders can overcome obstacles and achieve better health and fitness.
How family trust companies compare to other trustee structures
Clearstead Advisors’ Cindy L. Steeb on the FTC structure as a means of protecting and controlling family wealth across multiple generations.
Estate Planning: Special Advertising Section

Estate Planning Council of Cleveland members from a variety of disciplines offer insights on a range of topics related to estate planning and wealth management.
2023 Pillar Award for Community Service – Northeast Ohio

The Northeast Ohio 2023 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
Northeast Ohio Deal Activity: The fourth quarter comeback

Sports enthusiasts, business owners and M&A executives alike all love the thrill of a fourth quarter comeback
How Waste Dynamics has turned trash into treasure

As the broader Waste Dynamics name implies, there is so much more to this growing, Westlake-based company than just the branded Dumpsters you see in driveways.
The invaluable asset of mentorship for senior-level executives
Mentorship is a testament to your commitment to ongoing growth and development, a hallmark of true leadership.
Navigating the private equity deal process like a pro
While private equity offers incredible opportunities, its success is predicated on preparation.
Are you talent hoarding?
To retain and attract talent, it isn’t enough to just pay attention to employees’ experience at work but the quality of their life outside of it.
What to consider when designing a corporate giving and community involvement strategy
Highmark’s Kenya T. Boswell on how to design an effective corporate giving and community involvement strategy.
Life insurance as a risk management vehicle to preserve company value
Huntington Bank’s Sean O’Connor on life insurance, and how it can preserve company value in the event of the unexpected loss of a key individual.
Navigating environmental issues and liabilities in transactions
Babst Calland’s Ben Clapp on the environmental diligence process in a sale and how to address environmental risks in contractual provisions.
How Carnegie Learning uses artificial intelligence to drive real educational growth

Despite massive success, Carnegie Learning has not strayed from the research roots that made it a cutting-edge asset in education from its inception.
Pittsburgh Deal Activity: The 4th quarter comeback

Sports enthusiasts, business owners and M&A executives alike all love the thrill of a 4th quarter comeback
The risks and benefits of poking the bear
Even bears you have wounded can still run fast, so never quit looking over your shoulder.
Can you be counted on?
When you and those in your organization look back on how you handled difficult times, how do you want to be remembered?
2023 Northeast Ohio Smart 50 Awards recognize region’s top leadership

Smart 50 Northeast Ohio recognizes the region’s top leadership. See who took home the honors this year!
How wisdom gleaned from her family’s business prepared Jennifer Ake-Marriott to reinvigorate Redmond Waltz

When Jennifer Ake-Marriott stepped up to helm Redmond Waltz in 2013, its future looked bleak.
Columbus Deal Activity: Rise in bankruptcies drive distressed M&A activity

Distressed M&A continues to be a defining feature of the U.S. M&A landscape throughout the remainder of 2023.
Pittsburgh Deal Activity: Rise in bankruptcies drives distressed M&A activity

Distressed M&A continues to be a defining feature of the U.S. M&A landscape throughout the remainder of 2023.
Northeast Ohio Deal Activity: Rise in bankruptcies drive distressed M&A activity

Distressed M&A continues to be a defining feature of the U.S. M&A landscape throughout the remainder of 2023.
How to build value after a PE transaction
Kirtland Capital Partners’ William J. Bergen on how to work with a PE partner to build value after a transaction.
What to know about AI investment opportunities
CM Wealth Advisors’ Ben Wallace on AI investment opportunities and what those interested in the sector should know.
Trends affecting multifamily real estate investment opportunities
Cushman & Wakefield | CRESCO Real Estate’s David Leb on trends in multifamily properties and how they’re likely to affect investment returns into the near future.
The time to get long-term care insurance is before you need it
Berson-Sokol Agency Inc.’s Craig Berson on long-term care insurance and its role in shielding wealth from costly care expenses later in life.
The importance of estate planning for business owners
Corrigan Krause’s Lynda Doland on the importance of estate planning for business owners.
How to properly build and maintain an IP portfolio
Buckingham, Doolittle & Burroughs, LLC’s Dominic Frisina on how to strategically manage an IP portfolio, particularly patents and trade secrets.
How treasury management tools can improve a company’s cash flow
Premier Bank’s Jennifer Bidlingmyer on how treasury management services can improve cash flow and mitigate risk.
Everyone is guilty of something
Owning up to mistakes and making appropriate amends can reduce your self-inflicted sentence of doubt based on a flawed decision or misstep.
Are you talking when you should be listening?
There is a “parking lot” on the whiteboard of our conference room, where my ideas go to die.
What to consider when planning company retreats
The effort will be worthwhile as you observe your colleagues return to work refreshed, with new levels of mutual understanding and appreciation
2023 Pittsburgh Smart 50 Awards recognize region’s top leadership

Smart 50 Pittsburgh recognizes the region’s top leadership. See who took home the honors this year!
Common issues with cap tables and how to address them
Babst Calland’s Michael E. Fink on the role of the cap table and how failing to accurately maintain it can be costly.
How the social determinants of health affect a workforce
Highmark Health’s Nebeyou Abebe on food as medicine, and how employers can help employees address challenges related to food insecurity.
Mezzanine capital serves a purpose for those who know how to use it
Huntington Bank’s Jim Altman on mezzanine capital and the criteria those who borrow it must meet.
Goal-setting, decision-making and self-discovery
Coaching can serve as your compass on the path to success and happiness.
Winning behaviors of effective acquirers
While a well-executed acquisition strategy can drive limitless upside, realizing these outcomes requires adept buyer behavior.
CEOs must lead their company’s technological charge
Technology comes for all of our businesses. By embracing change and staying current, these innovations can add fuel to your fire.
Tips for hiring in a candidate-driven market
Action Management Services’ Sandy Darnell on today’s candidate-driven market and how it affects companies’ focus throughout the recruiting process.
Building a strong relationship with your business banker
First Federal Lakewood’s Matthew Lay on how business owners can strengthen their relationship with their business banker and how it can benefit them.
How to mitigate today’s ever-increasing cybersecurity threats
Blue Technologies, Inc.’s Cristina Alati on cybersecurity hygiene — what it means and how companies can achieve it as they work to protect their business against increasingly sophisticated and frequent cyber threats.
How HR audits help organizations improve
Clark Schaefer Hackett’s Robin Throckmorton and Patti Dunham on HR audits, what they look to accomplish and why.
How CEO Michael Hoy is building Great Day Improvements into a national powerhouse

Having recently surpassed $1 billion in revenue, Michael Hoy is managing Great Day Improvements’ rapid growth by rallying his team of nearly 2,700 employees around his vision.
Bowden Manufacturing combated a workforce shortage by changing a job title

How does a manufacturing shop combat an ongoing machinist shortage? The answer at Bowden Manufacturing was to stop calling them machinists.
Unleashing the wide-ranging powers of generosity
Better outcomes, better communities and better feelings. Those are a few reasons I’ve long believed in the transformative power of giving.
Prepare thoroughly to win the M&A battle
If Sun Tzu were a businessman today, I assure you that he would prepare thoroughly for M&A transactions.
Internships have big benefits for small businesses
There are few more proven ways to grow and retain talent — bespoke talent, in many cases — for smaller businesses than internships.
Evolving your business to stay relevant in a changing world
If you run a business — whether you’re 75 or 25 — you can fall into the trap of getting stuck in your ways.
Why fundless sponsors are gaining popularity with investors
The fundless sponsor investment structure has gained popularity with investors’ capital at the expense of traditional private equity funds.
Appeal to consumers with sensory marketing
Sensory marketing can work alongside traditional marketing methods to help businesses establish their uniqueness from the sea of competitors.
Pants, skirts, shorts: Should they go, or should they stay?
The one constant with either Zoom or in-person work is that appearances count, which will always include playing and dressing the part by wearing the appropriate attire.
Life insurance as a risk management vehicle to preserve company value
Huntington Bank’s Jim Altman on life insurance, and how it can preserve company value in the event of the unexpected loss of a key individual.
How property insurance changes are affecting commercial real estate lending
Babst Calland’s Joseph A. Pope on how changes in property insurance coverage are affecting commercial real estate lending, and what borrowers need to know about it.
Pharmacy innovation and how it benefits health plan sponsors, users
Highmark Inc.’s Corey DeLuca on pharmacy innovation and how it benefits health plan sponsors and their users.
How Matthews International Corp. continues to evolve and expand after 170 years

Matthews International Corp.’s core business segments have leveraged the basic concept of making a mark to help the company expand around the globe.
Why wealth management and succession planning should be done together
Premier Bank’s Denise Glinatsis Bayer on figuring out the right wealth management strategy for business owners who are succession planning.
Options beyond bankruptcy for struggling businesses
Buckingham, Doolittle & Burroughs’ Chris Niekamp on bankruptcy and bankruptcy alternatives for companies with cashflow struggles.
How to maximize value through succession planning
Corrigan Krause’s Tom Harrison on succession planning for business owners.
The importance of reviewing health insurance options prior to retirement
Berson-Sokol Agency Inc.’s Craig Berson on the switch from a group plan to Medicare for certain employees, and what it can mean for both employer and employee.
Why you need to have your snow removal plans in place now
Asturi Landscape Group’s Massimo Asturi on what business owners need to know as they choose a snow removal company.
Flight to quality in office real estate creates opportunity for landlords, tenants
Cushman & Wakefield | CRESCO Real Estate’s Nathan Kelly on recent trends in commercial office real estate and how both landlords and tenants can capitalize on them.
Don’t get cut by the cutting edge
Educate yourself and experiment before having AI take on responsibilities that it may not be fully capable of handling.
2023 Family Business Achievement Awards

The 2023 Family Business and Business Longevity honorees represent some of Northeast Ohio’s successful family-owned businesses that are growing for the next generation.
Vic DiGeronimo Jr. builds on the foundation laid by his forefathers

As third-generation CEO, Vic DiGeronimo Jr. continues to honor the strong work ethic and innovative thinking instilled by his grandfather, father and uncles before him.
Northeast Ohio Deal Activity: Navigating M&A deal structures in a tightened debt market

Financing mechanisms are helping buyers and sellers navigate the challenges posed by higher borrowing costs and valuation gaps, fostering collaboration and risk-sharing to achieve successful M&A outcomes.
How Medina-based PPE manufacturer Fire-Dex adapts to changing needs

How the adaptability of Fire-Dex, a family-owned and female-run manufacturer of personal protective equipment, has led to double-digit growth.
Applying the 80-20 rule to your team
With the right people on your team, playing to their strengths, and with an alignment of interests, motivating and inspiring them will lead to more success.
Stay relevant with AI
We are all living in an AI-powered future.
Balancing short-term needs with long-term goals
Having this strategic balance in place allows organizations to navigate uncertainties they encounter, seize opportunities and drive growth while remaining true to their long-term vision.
Will chatbots soon replace the need for managers to coach employees?
While there are several potential benefits to AI-driven coaching, there are concerns, as well.
Everybody wants to go to a place where they know your name
Cheers to leaders who treat employees as individuals. It’s an easy way to build company loyalty and respect, and doesn’t cost a dime.
I-9 procedures are changing and non-compete agreements could be next
Babst Calland’s Alexandra G. Farone on what employers need to know about the I-9 changes and what’s happening with non-compete agreements.
How employers can productively address PTSD, OCD in the workplace
Highmark’s Demetrios Marousis on strategies for employers to address PTSD and OCD in the workplace.
How to pursue cost-reduction strategies in your company
Schooley Mitchell’s Marc Schwalb on cost saving strategies, and when and how to deploy them.
Casey Ryan takes the helm as Reed Smith’s new global managing partner

Here’s how Casey Ryan continues investing in the people around her to build the strong relationships that have propelled Reed Smith’s recent growth.
Recent Ohio tax changes and how they’ll affect businesses
Brady Ware & Company’s Matt McKinnon on Ohio’s July 2023 tax changes and their expected effects.
How virtual receptionists are helping companies across verticals
Blue Technologies’ John Bates on virtual receptionists and their capabilities.
Deal math is changing. With capital constrained, how will M&A strategies evolve?

Several area dealmakers talked to Smart Business about how they see the current M&A market. Here’s what they have to say.
Columbus Deal Activity: Navigating M&A deal structures in a tightened debt market

Financing mechanisms are helping buyers and sellers navigate the challenges posed by higher borrowing costs and valuation gaps, fostering collaboration and risk-sharing to achieve successful M&A outcomes.
Using public relations to boost your SEO
Learn how public relations can be a secret weapon in growing your brand’s organic search rankings
Ways to boost employee morale without breaking the bank
You can show employees you care about work/life balance and them as individuals in both low-cost and no-cost options.
Challenge your employees to think by engaging them in decision-making
Only when employees are challenged to think — and to challenge you — will you maximize your organization’s potential.
Look deeper into private markets to find equity-like returns
CM Wealth Advisors’ Paul Bodnar on alternative private investing opportunities.
How flaws in internal accounting department processes affect company health
Clark Schaefer Consulting’s Jeff Pavelschak and Joe Brown on why internal accounting department process improvement is critical for organizational health.
Options to accommodate printing in an increasingly remote environment
Blue Technologies’ Curtis Verhoff on how cloud-based solutions are helping organizations meet the remote-work moment.
Ensure your business funds are FDIC-insured by utilizing treasury management services
First Federal Lakewood’s Alix Kaufmann on how businesses can keep their funds FDIC-insured.
Why deal success hinges on buyers and sellers getting along
Kirtland Capital Partners’ Ralph Della Ratta on the social aspects of the sale of a closely held business to private equity.
How behavioral-based interviewing can identify better candidates
Action Management’s Dave Fechter on behavioral-based interviewing and how it helps companies better identify the best candidates.
Ed Largent leads Westfield to growth by staying focused on the firm’s founding mission

Westfield’s guiding vision and values have remained constant while the world has changed drastically through the decades.
Northeast Ohio Deal Activity: Slowed inflation to temper rising cost of capital … hopefully

The Northeast Ohio M&A market experienced an uptick in deal volume in June 2023 of 4.2 percent as compared to May 2023. June also saw several noteworthy transactions in the Northeast Ohio region.
Some of the ways M&A deals get messed up
Preparation is key when it comes to M&A. Take the time to get your house in order before going to market and the results are likely to be much more favorable.
Constant change and uncertainty in the U.S. economy challenge businesses
Since March 2020, it seems every quarter brings a new surprise.
How unusual customer requests can trigger product innovation
Any customer request that cannot be honored can trigger product innovation.
To land today’s candidates, pitch more than the paycheck
Building our team has been and continues to be the most gratifying aspect of my long career.
Advice for boards during CEO transitions
The line is often thin between what a board can and should do in these situations.
Be adaptable and resilient during tough times
In a world that continues to evolve at a rapid pace, adaptability and resilience have become essential skills for personal and professional success.
Increased scrutiny on bank soundness could signal a bumpy ride
Strap in for the ride this quarter, and prepare for a bumpy ride the second half of 2023.
Transferable skills and how to find them when hiring
Shifting to a skills and interests-based approach makes the recruitment process more effective and equitable, as candidates are evaluated on their capabilities and motivations, rather than just their credentials.
Companies, like AI, hallucinate about their capabilities and forecasts
In terms of hallucinations, be they proliferated by machines or people, society must deal with fabrications as we have been doing since the beginning of time.
What to consider when planning for an exit and an ownership transition
Huntington Bank’s Jim Altman on transition options for owners and how to set up a post-business financial future.
Why total cost of care is more important than discounts in health benefit plans
Highmark Blue Cross Blue Shield’s Robert Yonick on the total cost of care and what employers should look for as they review health insurance plans.
New laws meant to protect consumer data will affect nearly all companies
Babst Calland’s Ember K. Holmes on data privacy laws states are enacting and how they are going to affect companies.
How Wolfe LLC founder and CEO Jason Wolfe went from orphanage to entrepreneur

Despite meager beginnings and adverse circumstances, Jason Wolfe has long found a way to make a difference in a fascinating, fruitful and philanthropic career through Wolfe LLC.
Pittsburgh Deal Activity: Slowed inflation to temper rising cost of capital … hopefully

Sharply increasing inflation rates over the past two and a half years in the U.S. are a result of several contributing factors, but none more than the relationship between the prices for goods and services, and the labor market. As the ratio of job vacancies to unemployment has steadily increased, labor market participants and […]
Unleashing the power of systematic acquisitions
With thoughtful execution, becoming a systematic acquirer can drive transformative growth and long-term, sustainable success.
Columbus Deal Activity: Slowed inflation to temper rising cost of capital … hopefully

The Columbus M&A market experienced an increase in deal volume in June 2023 of 33.3 percent as compared to May 2023. June also saw several noteworthy transactions in the Columbus region.
AI is a powerful marketing tool, but don’t leave people behind
It is essential for business owners and executives to understand both the potential and limitations of AI to make informed decisions and maximize its benefits.
How to ensure your business has staying power
I truly believe these decisions, which are easily applied to other industries and markets, have made us who we are: a strong, sustainable firm with a bright future ahead.
Making the personal connection to your remote workforce
Adapting these suggestions to your workplace can generate a sense of welcome and worth for remote employees, both during the onboarding process and beyond.
5 key sales metrics you need to know in M&A and investment events
When a new stakeholder enters the mix, how do CEOs, sales leaders and sales professionals determine where to focus time, energy and finances related to sales results?
Federal tax credits can help offset the cost of clean vehicle purchases
Brady Ware & Company’s Matt McKinnon on clean vehicle credits and how to claim them.
Meet the 2023 Smart Women Award honorees

These Northeast Ohio professionals encourage, inspire and empower their organizations’ up-and-coming women. Read on to see who has been recognized this year.
Why internal controls are important for an efficient internal financial audit
Corrigan Krause CPAs and Consultants’ Alexis C. Burch on the importance of having strong internal controls in place ahead of an internal financial audit.
Industrial real estate’s continued tightness challenges buyers and tenants
Cushman & Wakefield | CRESCO Real Estate’s Maureen Anter-Ressler on the Northeast Ohio industrial real estate market, how it compares to other markets and strategies to land the right property.
How your business benefits from better communication with your banker
Premier Bank’s Tara Silva on why businesses should regularly communicate with their banker, regardless of whether the news is good or bad.
The employee retention credit is valuable, but be on the lookout for bad advice
Buckingham, Doolittle & Burroughs’ Richard B. Fry III on the ERC, how businesses qualify, and the risk to businesses of an erroneous filing.
Is your life insurance keeping pace with the value of your business?
Berson-Sokol Agency’s Craig Berson on the role of life insurance in buy/sell agreements, and the importance of periodically revisiting and updating these policies.
Northeast Ohio Deal Activity: Promising jobs report reflects economic optimism

The growth in nonfarm payroll jobs reinforces the positive outlook for strategic acquisitions.
Economic uncertainty can provide opportunities
We may not officially be in a recession, but it’s understandable if all this uncertainty makes a business owner jittery.
Public financing for development can help SMEs in challenging times
This environment can be especially challenging for small and mid-sized enterprises. Fortunately, public-private opportunities exist to support these sectors.
Cultivating an entrepreneurial spirit
The gig economy is a valuable driver for regional growth and a source of untapped talent that can address our regional skills gap.
Advancing women leaders
Despite 30-plus years of attention and effort, women remain underrepresented in leadership positions across nations, sectors, industries and organization types.
Terminating employees is not easy and should never be
When discharges are done with an emphasis on empathy, you’ll likely be able to sleep through the night knowing that you did the right thing, for the right reasons, in the right way.
How to better choose, manage wireless plans to realize cost efficiencies
Schooley Mitchell’s Marc Schwalb on how to keep costs contained over the life of your wireless plan.
Companies face uncertainties as governments crack down on PFAS
Babst Calland’s Jean M. Mosites on the uncertainties facing businesses as governments work to address the known or suspected impacts of PFAS.
What employers should know about substance use disorders
Highmark Blue Cross Blue Shield’s Melissa Perry on the impacts of substance use disorders and steps being taken to combat them.
Chris Donahue has led Federated Hermes to record growth since its international acquisition

J. Christopher “Chris” Donahue and his team celebrated their 2018 acquisition of Hermes Investment Management with a big “rah-rah day” in February 2020. Then, within a matter of weeks, the world suddenly shut down.
Pittsburgh Deal Activity: Promising jobs report reflects economic optimism

The growth in nonfarm payroll jobs reinforces the positive outlook for strategic acquisitions.
Add entrepreneurial education opportunities to your current networking activities
Don’t let the opportunity to expand your educational involvement slip by.
I brought back the mixtape to the C-level and you should, too
Music bridges the gap, opens us up, and lets us, as a famous group of lads once said, come together.
Failure is an option
Fight through your fears and have the courage to try again
Why key employees should resist taking the counteroffer when resigning
Action Management Services’ Dale M. Chorba on how to handle counteroffers after announcing an intention to leave a company for another position.
When and why to consider an individual private family trust company for estate planning
CM Wealth Advisors’ Douglas McCreery on trust oversight for longer planning horizons.
Why sell-side diligence is increasingly popular in M&A processes
Clark Schaefer Hackett’s Nick Scharfeld on sell-side due diligence, what it entails and why it’s an exercise that greatly benefits sellers.
What users can expect after the NetDocuments, Worldox acquisition
Blue Technologies’ David Cramer on the NetDocuments acquisition of Worldox and what the change means for current customers.
What medical professionals need to know about acquiring a practice
First Federal Lakewood’s Eric Jones on what medical professionals need to know when acquiring a practice.
How Tri-C’s new president is aligning academic programs and economic opportunities

Here are the three themes new Tri-C President Michael A. Baston culled from his 2,000-person listening process, and how these informed his new vision for the college.
Northeast Ohio Deal Activity: Estate tax planning considerations for contemplated M&A transactions

Similar to the overall U.S., the Northeast Ohio M&A market experienced a decline in deal volume in April, but did see several noteworthy transactions.
Empathy, entrepreneurship & AI
AI’s version of empathy alone is not likely to carry the day — human empathy will still have a major role to play.
Don’t let your interns get lost in your remote-work world
In a remote work situation, I don’t believe students will have access to as much mentorship as once was possible.
Changing our way of changing things
Change is something you can get done right if your culture is safe enough for people to be honest about what doesn’t work.
Investors are reaching further to find deals
With record amounts of VC dollars available outside Ohio, we all need to work together to draw those dollars here.
Forget the survey
Engagement is a simple concept for executives, yet surprisingly difficult to implement
Entrepreneurs and their extended impact through philanthropy
Whether you write a check, contribute time or services, or establish a foundation, you, as an entrepreneur, can invest philanthropically.
Improve your company’s culture, performance with entrepreneurial mindset
There are several reasons why teaching the entrepreneurial mindset needs to be a part of every company’s professional development and recruitment strategies.
Recession fears lessen but reason for concern remains
Huntington Bank’s Jim Altman on the economic conditions in the U.S. and what they might mean for business leaders this year.
Digital tools that help guide employees through their health care journey
Highmark Health’s Ashley Blankette and Valerie Clarke on solutions that make it easier for employees to navigate their health care journey.
How buyers can avoid common zoning and land use pitfalls in real estate transactions
Babst Calland’s Alyssa E. Golfieri on zoning and land use due diligence in real estate transactions.
Jeff Broadhurst guides Eat’n Park through growth while creating smiles

The Eat’n Park leadership team stays ahead of changing trends while gaining dedicated employees and loyal customers.
Pittsburgh Deal Activity: Estate tax planning considerations for contemplated M&A transactions

The landscape of estate tax planning is set to undergo a significant change in the coming years.
Culture and engagement go hand-in-hand
Engagement is a simple concept for executives, yet surprisingly difficult to implement.
Every company wants to be a hero in its own story
But first, make sure that the juice is worth the squeeze
Columbus Deal Activity: Best of times, worst of times

The Central Ohio M&A market increased in March 2023, as the area’s deal volume was 13.3 percent higher as compared to February 2023.
How construction counsel helps developers, owners navigate project risks
Buckingham, Doolittle & Burroughs’ John Swansinger on the role of construction counsel on a project and how to effectively leverage their experience.
How private bankers can simplify banking for business owners
Premier Bank’s Jennifer Scroggs on private bankers, what they do, who can benefit from their services and how to choose the right one.
Ohio Cybersecurity Safe Harbor protections and how to meet them
Blue Technologies’ Eric Thal on the Ohio Cybersecurity Safe Harbor and the levels of security necessary to ensure compliance.
Questions to ask a private equity partner when staying on after the sale
Kirtland Capital Partners’ James A. Foley on a business owner’s role with a company after a majority sale to a private equity firm.
Tips for managing cash flow during uncertain times
Corrigan Krause CPAs and Consultants’ Aaron Apathy on cash flow planning and other changes companies can make to improve profitability and brace for continued challenges.
How organizations big and small are leveraging co-working spaces
Cushman & Wakefield | CRESCO Real Estate’s Connor Redman on the rise of co-working spaces and how they can meet a variety of needs for organizations big and small.
Navigating M&A uncertainty in the face of economic headwinds

Deal math is changing in the face of economic headwinds. With capital constrained, how will strategies evolve?
Northeast Ohio Deal Activity: Best of times, worst of times

The domestic M&A market is in a state of great disparity. Valuations from buyers receded to pre-pandemic levels while sellers continue to expect the lofty valuations seen in the latter portion of 2020 and throughout 2021. On one hand, buyers, who are sitting on near-record amounts of deployable dry powder, have demonstrated a willingness […]
Seize the opportunities in Northeast Ohio’s changing environment
By applying strategic foresight, curiosity, engagement and a little risk-taking, we can seize the opportunities presented by signals echoing in our changing environment.
How to hire effectively, equitably and at scale
Finding the right talent is more challenging than ever before.
How Act 122 of 2022 changes filing requirements for those doing business in PA
Babst Calland’s Audra E. Hutter on Act 122, the filing change, and what it means for entities doing business in Pennsylvania.
How to reduce processing fees for credit card payments
Schooley Mitchell’s Marc Schwalb on how manufacturers and distribution companies can reduce the costs associated with processing credit card payments.
Using technology to improve health care experiences and lower costs
Highmark Health’s Tracy Saula on how technology is improving patients’ ability to get health care.
Remediate inefficiencies in your receivables process
Huntington Bank’s Jim Altman on the receivables process and how a closer look can uncover opportunities to improve efficiency.
Brothers Venkee and Devesh Sharma lead Aquatech’s quest to solve the world’s most complex water challenges

Amid rising concerns about water quality and scarcity issues around the world, the Sharma brothers continue pushing for innovative solutions.
Pittsburgh Deal Activity: Best of times, worst of times

The domestic M&A market is in a state of great disparity. Valuations from buyers receded to pre-pandemic levels while sellers continue to expect the lofty valuations seen in the latter portion of 2020 and throughout 2021. On one hand, buyers, who are sitting on near-record amounts of deployable dry powder, have demonstrated a willingness […]
The pros and cons of four core entrepreneurial traits
These characteristics can be instrumental in driving success and innovation, but these traits can also hinder progress and growth if not managed effectively.
When I-Corps post-docs come calling, make it your policy to answer
Because of the benefits of tapping into new technology and innovations, many institutions have created front doors to make it easy for those seeking interviews to connect with the right person.
Money doesn’t come with an instruction manual
Unfortunately, there is no instruction manual that comes with the money that is handed down to the subsequent-generation leader.
Columbus Deal Activity: The Role of the Rollover

The Central Ohio M&A market fared better than the broader domestic market in February 2023, as the area’s deal volume was level with February 2022.
2023 Smart Culture Awards

The 2023 Smart Culture Awards honor local organizations that have demonstrated cutting-edge practices in cultivating and sustaining their culture. See who we recognized this year.
Dream big: Don’t let the present obstruct your view of the future
Failure is better than wondering what might have been if you had the courage to take a chance at a greater good.
Sometimes trying to be first can lead to coming in last
Not squandering resources enables a company to live and fight another day, waiting for the opportunities to come to them.
Northeast Ohio Deal Activity: The role of the rollover

The Northeast Ohio M&A market realized a decline in deal volume in February 2023
Converting a seller’s weakness into a strength
These examples illustrate how three businesses’ weaknesses — customer concentration — were actually strengths to the right strategic buyers.
Sustainability: From buzzword to business growth opportunity
With or without public assistance, companies that invest in sustainability are investing in the future of their business — and the world.
Access to training is key to addressing national transportation shortage
We must actively seek out the next generation of professionals and turn them into a workforce America can rely upon.
Boost employee performance and your company’s profile with a focus on health
Providing a health care plan that supports preventive care, with optimal health as the goal, will make your company more desirable to prospects, decrease health care costs and significantly increase performance metrics.
Find ways to thrive in a changing world
Uncertainty is inevitable, so find ways to turn it into opportunity to build your company for the next generation and beyond.
Why businesses should work with an SBA preferred lender bank
First Federal Lakewood’s Dell Duncan on why businesses should consider working with an SBA Preferred Lender bank and what the benefits of SBA loans are.
How mid-sized businesses can lure top talent in a challenging hiring market
Action Management Services’ Ken Griffiths on how mid-sized companies can compete with larger companies for top talent.
How a family office can help business owners through a sale
CM Wealth Advisors’ Aileen P. Werklund on the ways a family office can help business owners during the sale of their company.
Even non-tech companies should expect thorough cyber diligence in an M&A process
Clark Schaefer Consulting’s Carly Devlin on cyber diligence and how sellers can prepare for it ahead of a process.
Companies can leverage technology to do more with less
Blue Technologies’ Curtis Verhoff on how post-COVID trends continue to challenge businesses and the solutions many are using to improve productivity.
Pat Cavanaugh grows Come Ready Foods with a can-do brand mentality

Founded on the belief that “It’s not where you start; it’s where you finish,” Pat Cavanaugh continues building Come Ready Foods into one of the fastest-growing nutritional companies in the country.
Business owners can still realize a successful sale despite market uncertainty
Huntington Bank’s Jim Altman on the M&A market and what it means for business owners considering the sale of their company.
Resolving conflict among business owners
Babst Calland’s Kevin Douglass on conflict resolution among business owners.
Columbus Deal Activity: Positive Trends During Turbulent Times

The outlook for M&A activity through 2023 remains positive despite lingering challenges.
Listen to learn who you really are as a leader
One way to get to know yourself better is to listen to what those around you are saying. And by learning more about yourself, you can get more clarity on the organization you’ve built.
Shrinking industrial real estate options in Northeast Ohio drive up tenant costs
Cushman & Wakefield | CRESCO Real Estate’s Joe Barna on the challenges tenants, buyers and builders are facing in the Northeast Ohio industrial real estate market.
How a family constitution can help protect wealth across generations
Planned Financial Services’ Frank Fantozzi on creating a constitution to help ensure clarity and transparency in the preservation of multigenerational wealth.
Tips for selling a business in an evolving M&A environment
Buckingham, Doolittle & Burroughs’ Dustin J. Vrabel on steps sellers can take to improve their outcomes in an M&A transaction.
Businesses often stand in the way of improving their efficiency
Blue Technologies’ Lauren Hanna on business process automation and how companies are applying the technology to move their company forward.
Tips on choosing the right bank for your business lending needs
Premier Bank’s Dan Culp on choosing the right bank for a business’s unique lending needs.
Honesty, integrity, drive Michael E. Gibbons in business, politics

As BGL continues to grow, with five offices from coast to coast, Gibbons stays focused on sustaining a strong reputation for honesty and integrity — whether he’s in the corporate boardroom or on the campaign trail.
Northeast Ohio Deal Activity: Positive trends during turbulent times

The outlook for M&A activity through 2023 remains positive despite lingering challenges.
10 investing lessons learned from this past year
When there have been major events such as we experienced this past year in the public equity markets, I find it’s a good time to reflect on observations, mistakes or lessons learned.
Talent is a key element of the region’s supply chain
For all companies and organizations working in the talent development space, awareness of and collaboration with regional efforts will be pivotal to ensuring Northeast Ohio has the talent it needs to foster a diverse and vibrant regional economy.
High-performing, healthy culture starts with trust
If yours is a low-trust culture, it likely wasn’t a choice; it was a necessary solution.
Leveraging the power of collaboration, partnerships and networking
Finding the right partners to support open innovation is essential, but don’t underestimate the potential of a meaningful network to lead you to the right place.
Pittsburgh Deal Activity: Positive trends during turbulent times

The outlook for M&A activity through 2023 remains positive despite lingering challenges.
How Logistics Plus Inc. owner and CEO Jim Berlin turned a whim into a win

Jim Berlin on how he’s learned to lead his own way and turn an idea into a resounding business success.
How to avoid losing your identity and broaden your horizons
Inevitably your day job will evolve and eventually evaporate. When that day comes, make sure that what you did for a living was not exclusively who you were.
How to negotiate more favorable waste disposal contracts
Schooley Mitchell’s Marc Schwalb on what can be negotiated in waste disposal contracts to keep costs low and avoid overlooked fees.
Risk mitigation strategies that can shield companies from interest rate volatility
Huntington Bank’s Jim Altman on strategies to offset the challenges of a rising rate environment.
2023 Smart Business Evolution of Manufacturing

The 2023 Smart Business Evolution in Manufacturing Awards honor innovative Northeast Ohio manufacturers. See who we recognized this year!
Video security, surveillance technology advancements have novel applications
Blue Technologies, Inc.’s John Bates on video security and surveillance technology: what’s new and how it’s helping organizations.
Why businesses should take advantage of treasury management services
First Federal Lakewood’s Scott Gnau and Alix Kaufmann on how businesses can expand their banking relationship.
Why your talent pipeline is more important than ever before
Action Management Services’ Dave Fechter on how companies should think about their talent recruitment strategy in light of concerning demographic changes.
Don’t overlook the personal side when planning for a business exit
CM Wealth Advisors Neal B. Colby talks about planning for your exit — on the business and personal side — to position yourself for success with what comes next.
How to uncover hidden tax liability ahead of the sale of a business
Clark Schaefer Hackett’s Kerilyn Boergert on the importance of sell-side diligence to uncover and understand tax issues before selling a closely held business.
Northeast Ohio Deal Activity: Earnouts increase in popularity

Earnouts can align buyer and seller interests. Increasingly, they’re being used to align total deal value to the ongoing performance of the business in a period of uncertainty.
Too much remote work can negatively impact culture
Interacting face to face with colleagues has become much more meaningful.
Be more selective to work toward your objective
Just because you may be able to implement a large number of tactics, it’s often the case that you shouldn’t.
Attracting the best of the best is remotely possible
Rather than expecting a return to the pre-pandemic era, the trend will be toward adopting flexible human resource policies.
Don’t confuse money with wealth
Please do not confuse money with wealth. While I have a bit of money, I count my wealth by my friendships.
Level-up your leaders
Best practices to help improve the skills of high-potential leaders
How to get a second bite of the apple when selling your business
Kirtland Capital Partners’ Corrie Menary on how business owners can get a second bite of the apple.
New rule requires a business’s beneficial ownership information to be reported
Babst Calland’s Susanna Bagdasarova on the Beneficial Ownership Information Reporting Requirements and what it means for your business.
Important considerations for owners before exiting their business
Huntington Bank’s Jim Altman on what business owners should consider as they plan to exit their closely held company.
Gratitude from the top
Don’t ignore the unsung, everyday contributors in your company
Navigating M&A Uncertainty

Deal math is changing in the face of economic headwinds. With plenty of capital still to deploy, how will strategies evolve?
Pittsburgh Deal Activity: Earnouts increase in popularity

Earnouts can align buyer and seller interests. Increasingly, they’re being used to align total deal value to the ongoing performance of the business in a period of uncertainty.
Relentlessly pursue your goals
If you want to be No. 1, you have to ask yourself, “Do I have what it takes to win it all?”
Heavy on the best, the hell with the rest
No matter how successful a company has been, every organization must reassess all aspects of its business.
How the right banking partnership can help propel your company to new heights
Premier Bank’s William Cook on how to identify a banking partner that can help position your business for success and grow with you into the future.
Tips for expediting the land-buying process
Cushman & Wakefield | CRESCO Real Estate’s George J. Pofok on what buyers need to do when buying land to ensure their projects get completed.
Impact of rating changes to FEMA’s updated National Flood Insurance Program
Zito Insurance Agency a division of Risk Strategies’ Chas Lowe on how to work with an expert to ensure your policy meets your needs and how the first changes to NFIP’s pricing system in more than 50 years may impact your policy.
Owner preparedness for life without your business
Planned Financial Services’ Frank Fantozzi on how to prepare to step away from your business and be well-positioned for the next phase of your life.
You’re probably paying too much Ohio sales tax on purchases
Buckingham, Doolittle & Burroughs’ Steven Dimengo on how to identify tax exemptions and save money.
How MAI Capital Management LLC expands its national reach through strategic acquisitions

From the beginning, Buoncore’s goal was not necessarily to be the biggest firm but to be the best at taking care of people.
Acting with compassion, humility, gratitude
Many of the world problems stem from the lack of love. What a better world it would be if there was more genuine love.
Economic mobility drives more vibrant communities and economies
When more people are afforded opportunities to climb the ladder of success, neighborhoods, communities and the entire region benefit.
Snake oil sellers remain a threat
Foundational due diligence and basic governance may not sound as fun or sexy as a fast-talking entrepreneur, but fundamentals matter.
Reasons to consider an ESOP when exiting your business
Huntington Bank’s Jim Altman on ESOPs and the potential benefits the structure provides owners and their companies.
Proposed climate-related disclosures for federal suppliers
Babst Calland’s Gina Falaschi and Susanna Bagdasarova on how the Federal Supplier Climate Risks and Resilience Rule could impact federal suppliers.
Dive deeper into your shipping costs to uncover savings
Schooley Mitchell’s Marc Schwalb on the ways companies can increase their savings on shipping costs.
Irwin Car and Equipment President and CEO William Baker found a goldmine in a struggling company

Irwin Car and Equipment President and CEO William Baker talks about realizing the full potential of a business by observing the market, listening to customers and trusting his gut.
Pittsburgh Deal Activity: M&A key to corporate strategies despite uncertainty

Two major initiatives appear to be at the forefront as corporate executives look to turbocharge growth in the face of a recession: key strategic hires and acquisitions or divestitures.
How pass-through entity deduction impacts Ohio
Brady Ware & Co.’s Matt McKinnon how businesses and owners can reduce their tax burden by transferring the tax responsibility for some of their income off themselves and back to the company.
A technology solution is just a conversation away
Blue Technologies’ Jessica Dynia on evaluating organizational challenges with an eye toward technological solutions.
2023 Pillar Award for Community Service – Central Ohio

The Central Ohio 2023 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year!
Columbus Deal Activity: M&A key to corporate strategies despite uncertainty

Two major initiatives appear to be at the forefront as corporate executives look to turbocharge growth in the face of a recession: key strategic hires, and acquisitions or divestitures.
Answer 8 self-leadership questions for a successful 2023
Reaching our most significant goals in 2023 will begin with a willingness to build self-leadership.
2023 Pillar Award for Community Service – Greater Cincinnati

The Greater Cincinnati 2023 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year!
2022 Pillar Award for Community Service – Northeast Ohio

The Northeast Ohio 2022 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
In business, companies don’t win by playing defense
As companies around you entrench, be aggressive. Look for needs that arise as the economic landscape shifts and get out in front of prospects with a solution.
Private equity investing can offer outsized returns
CM Wealth Advisors’ Paul Bodnar talks about what investors new to private equity, such as those who have recently sold their companies, should consider before committing capital.
Start a succession plan now for a smoother exit
First Federal Lakewood’s Scott Gnau on what a succession plan looks like and why including your banker in your succession plan discussion is important.
With ransomware on the rise, managed services providers are critical
Blue Technologies’ Phil Florence looks at cyberthreats such as ransomware and what managed IT services can do to protect organizations from attacks.
The difference between passive and reactive executive recruiting
Action Management Services’ Dale M. Chorba talks about the difference between passive and reactive recruiting, and which can help companies identify and add leadership talent.
Four methods to grow your business
Collectively these four methods, along with executing detailed strategic plans, will help you grow your business.
How to gain market share when things are tough
To gain market share, take advantage of the competitions’ failings.
Proposed SEC ESG rule would affect public, private companies
Babst Calland’s Gina N. Falaschi outlines some of the implications of the proposed SEC Enhancement and Standardization of Climate-Related Disclosures for Investors rule.
Expectations for tighter economic conditions put pressure on businesses
Huntington Bank’s Jim Altman explores the state of the U.S. economy and the economic outlook for the early part of the coming year.
Mark J. Zilner didn’t just join the family business at Diamond Pharmacy Services, he pushed it forward

Mark J. Zilner is proving that, with a combination of innovation, diversification and nimbleness, one can join the family business and then push the family forward.
2022 Northeast Ohio Smart 50 Awards recognize region’s top leadership

The Northeast Ohio Smart 50 awards recognize the region’s top leadership. Check out this year’s honorees!
How to recognize if you have trouble receiving feedback
Cheryl McMillan of Vistage Northeast Ohio and Jeff Semple of FocusCFO talk about the signs that an organization has a problem with feedback and how leaders can become more receptive.
Failing to plan for a transition could put you out of business
Planned Financial Services’ Frank Fantozzi on the important role a buy-sell agreement plays in alleviating uncertainty and simplifying the transition between business owners.
As labor and supply costs increase, having adequate building coverage is critical
Zito Insurance Agency, a division of Risk Strategies’ Nate Bell on the importance of insuring to value on and how to make sure you can recover from a loss should damage render you unable to operate.
The impact of interest rate increases on industrial, commercial real estate
Cushman & Wakefield | CRESCO Real Estate’s Eliot Kijewski on the effect of interest rates on the commercial and industrial real estate markets and how buyers can navigate the headwinds.
What companies should know about the upcoming phone system changes
Blue Technologies’ John Bates on VoIP, the changing infrastructure and what companies need to know about the switch.
An in-house attorney can foster collaboration and help lead your business to success
Cleveland Metroparks’ Rose Fini on how an in-house attorney can do much more than tell you no — instead driving your organization forward to reach new heights.
How to protect your company from becoming a victim of fraud
Premier Bank’s Jennifer Bidlingmyer on how to manage the risks of fraud to your business and how to prevent your company from becoming a victim.
Are you ready to answer questions about your triple bottom line?
Clark Schaefer Hackett’s Michael Borowitz about triple bottom line and what it may mean for your business.
Avoid blind spots
While your past wins may give you confidence, your future success depends on a perspective that’s broad enough to avoid blind spots.
Opportunity in disruption
We can’t go back; we can only go forward. It’s our choice to move forward with optimism and agility
Prepare for success
As you set out to find your next big success, remember that it probably won’t come from a single action or choice.
2022 Pittsburgh Smart 50 Awards recognize region’s top leadership

Smart 50 Pittsburgh recognizes the region’s top leadership. See who took home the honors this year!
Can nice guys finish first?
Good sportsmanship teaches that every CEO, business leader, politician or government bureaucrat must lead through day-to-day actions, not just words.
Helping Pittsburgh Businesses Grow through IF Ventures
Babst Calland’s Chris Farmakis and Idea Foundry’s Mike Matesic on how a third-party funding program can help both sides of the investment equation make the most of the deal.
How banks can help health care companies address billing challenges
Huntington Bank’s Jim Altman on how optimizing data and payments can help improve efficiency, reduce costs and better manage the revenue cycle.
A new approach simplifies health care and improves patient outcomes
Highmark Health’s Neil Kulkarni on how revolutionizing the customer experience is increasing patient engagement — and improving outcomes.
How to get the best business services at the best prices
Schooley Mitchell’s Marc Schwalb on the benefits of having an outside expert review your contracts and negotiate rates with your suppliers, which can save businesses money and time.
Leadership does not have to be lonely
Tactics to empower your leadership and make it less lonely and more impactful.
2022 Business Growth Awards

Twenty six outstanding companies have been honored that fortify the strength of our regional economy. See who we recognized this year!
Cybersecurity assessment is key to threat prevention
First Mutual Holding Co.’s Jon Densmore on the most common cyberattacks and how businesses can protect themselves.
The importance of enterprise-wide technology solutions
Blue Technologies’ Lauren Hanna on how companies can reach digital maturity.
How to prepare yourself and your business for a sale
CM Wealth Advisors’ Doug McCreery on steps entrepreneurs should take to get themselves and their families ready for the sale of their business.
How Crawford United Corp. grows acquired companies to save U.S. manufacturing jobs

Crawford United Corp. President and CEO Brian E. Powers is proving that shareholder value can be achieved without cutting jobs or moving operations overseas.
Pittsburgh Deal Activity: The economic impact of a manufacturing resurgence

U.S. manufacturers remain confident that the improvements made as a result of the COVID-19 pandemic will pay dividends in future years.
How to protect your margins from cyclical commodity price changes
Huntington Bank’s Jim Altman on working with commodities, the importance of understanding exposures and how companies can protect themselves, and their customers, from risk.
Attracting a diverse talent pool can increase productivity and innovation
Highmark Blue Cross Blue Shield’s Margaret Larkins-Pettigrew on how a diverse workforce will help your business move forward — and how it all starts with an inward look at your organization.
What to consider before starting a new construction project
Babst Calland’s Matthew Moses on what to consider before deciding when — and if — to move forward with a construction project.
Michael McGarry and his proven track record have led PPG to global success

When you’ve been with one company as long as PPG’S Michael McGarry, you learn to roll with the changes without losing sight of what makes you successful.
Personal and business vows are easy to make but hard to keep
If only personal/marriage relationship issues could be solved like business disagreements, many honeymoons might continue.
Planning is necessary, but so is the flexibility to react to the unexpected
Business leaders do a lot of planning — looking ahead at possibilities and obstacles, setting goals and creating contingencies. But sometimes the unexpected happens.
Insight into what buyers are looking for in an acquisition
Taft Stettinius & Hollister’s Howard Bobrow on what M&A buyers are looking for in the market today and how sellers can maximize their value in a transaction.
Transparency and gratitude foster meaningful donor engagement
Cleveland Metroparks’ Natalie Ronayne on how two simple steps — prompt, meaningful acknowledgment and demonstrating results — can help organizations thrive.
What to know about the increase in requests for SOC reports
Clark Schaefer Consulting’s Andrew Sizemore and Jeanne Yang on SOC reports, the reason they’re increasingly requested, and what to expect if you’re asked for one.
How to help employees be more conscientious health care consumers
Zito Insurance Agency, a Division of Risk Strategies’ Michele Hanzak on common mistakes when seeking health care, how employers can educate employees to be better health care consumers and how your benefits broker can help get the message out.
Who should consider a sale-leaseback in this tight industrial market
Cushman & Wakefield | CRESCO Real Estate’s Simon Caplan on how conditions in the industrial real estate market have made sale-leasebacks an increasingly popular choice.
Key factors for creating a successful company retirement plan
Planned Financial Services’ Frank Fantozzi on how a strong corporate retirement plan can help attract and retain employees, while also benefiting owners.
How Malco Products prepared for a smooth transition into the fourth generation of leadership

How Stuart Glauberman charted a different course to facilitate his son’s successful passage into leadership at Malco Products Inc.
How to navigate an unpredictable economy
History shows that venture funds that have invested during economic downturns have produced exceptional returns.
A successful acquisition
Ultimately, it was our discipline and laser-like focus in the first 100 days post-integration that shaped our results many years later.
Insight into what buyers are looking for in an acquisition
Taft Stettinius & Hollister’s Caryn A. Kaufman on what M&A buyers are looking for in the market today and how sellers can maximize their value in a transaction.
How to manage your company through increasing inflation and interest rates
Brady Ware & Co.’s Sam Agresti on how to manage your business through this period of increasing inflation and interest rates.
Cyber insurance premium increases drive changes
Blue Technologies Smart Solutions’ Benjamin Simms on mitigating insurance premiums by adhering to a solid cybersecurity framework.
Preventing fraud for business accounts
First Federal Lakewood’s Jeff Kopco on how businesses can take precautions to help prevent fraud.
Dealmaking shows continued strength. But how long can it last?

Dealmakers see continued strength in the M&A market overall but economic headwinds have become a drag on the previous year’s momentum.
Columbus Deal Activity: M&A in a virtual world

A highly virtualized due diligence process is improving efficiency, saving time and cost, and satisfying acquirers’ needs to conduct comprehensive due diligence in a turbulent global economy.
Inspiring the next generation of women in STEM
There is a serious need for more robust STEM programming to help girls learn about jobs of the future to spark their interest and curiosity.
Commuter benefits
High gas prices and expensive used cars are just a few reasons employees need transportation solutions.
A timeout can make the difference between success and failure
Companies must always be ready and set to act. Still, they can’t neglect the final steps of stopping, thinking, and studying outcomes to avoid failure.
Developments in the calculation of an assessment ratio could benefit Allegheny County property owners
Babst Calland’s Peter Schnore explores what has changed in the assessment ratio, and how commercial property owners can take steps to reduce their property taxes.
Combining medical and pharmacy benefits offers better care and lower costs
Highmark Blue Cross Blue Shield’s Sarah Marché on how to provide accessible, affordable and proven prescription drugs through your health plan, and how your carrier can help.
How to get your business ready to sell
Huntington Bank’s Jim Altman on how to prepare a closely held business for a sale.
Pittsburgh Deal Activity: M&A in a virtual world

A highly virtualized due diligence process is improving efficiency, saving time and cost, and satisfying acquirers’ needs to conduct comprehensive due diligence in a turbulent global economy.
How Covestro LLC encourages new ideas at every level of the organization

How Covestro LLC Chairman and President Haakan Jonsson, Ph.D. sets an expectation of innovation at every level.
Best ways to find and keep awesome employees
It is difficult to find and retain the right people, and strong recruiting and retention strategies are critical to every company’s success.
Give yourself the tools to optimize your performance
You’re not an ordinary person. Don’t rely on ordinary means to perform at your best.
Tips on strategy and looking toward the future
It’s easy to create a long-term aspirational plan and put it on the shelf, but doing so won’t guide your day-to-day progress.
Don’t let sentiment dictate your investment behavior
Staying calm is challenging, especially when your portfolio is getting battered. But if you’re on the ledge, step back and take a breath.
Tips healthcare and professional service providers need to know
First Federal Lakewood’s Eric Jones on what business owners in the healthcare and professional services space need to know when choosing a banking partner to acquire or lease a business.
In a volatile market, it’s critical to stick with your investment plan
Legacy Strategic Asset Management’s Matthew A. Shannon on the importance of having a plan, sticking with it and staying the course through market volatility.
How Chris Gorman led KeyBank to record-setting growth during the pandemic

Chris Gorman led KeyBank through tough times to emerge stronger and better prepared for the rapid changes facing the industry. Here’s how he did it.
Balancing the modern mixed office
Finding the right balance to maximize productivity, provide an ideal work/life balance and do what’s fair for all employees remains a huge challenge.
Growth is slowing in the U.S. but it’s not all bad news
Huntington Bank’s Jim Altman on the state of the U.S. economy and how changes within it could affect middle-market companies.
Addressing social determinants of health has a huge impact
Highmark Health’s Amy Shannon on how addressing social determinants of health can improve outcomes, and what employers can do to help.
How this tactic can prevent out-of-line liquidity payments
Babst Calland’s Michael Fink on how a shadow series works, when to use it, and the pros and cons of doing so.
40 years at Vector Security haven’t stunted CEO Pamela Petrow’s growth

Following her instincts, passions and work ethic, CEO Pamela Petrow turned her first after-college job into a long and successful career — one that stands as proof that a person does not need to bounce from company to company to blossom.
Get a grip and have a plan!
It’s 3 a.m., and your mind is racing as you ponder your worst fears.
2022 Columbus Smart 50 Awards recognize region’s top leadership

The Smart 50 awards recognize the region’s top leadership. Check out this year’s honorees!
Count the cost
Before speaking, or choosing not to speak, count the cost.
What business owners need to know about SBA loans
First Federal Lakewood’s Jeff Kopco on what business owners need to know about SBA loans when choosing a banking partner.
How to achieve the transition out of your business on your terms
Brady Ware Capital’s Jeff Powell on how business owners can ensure a successful exit from their business and achieve their desired outcome.
How to prepare your business — and yourself — for a sale
Planned Financial Services’ Frank Fantozzi on how a Certified Exit Planning Advisor (CEPA) can help you and your business prepare for a successful exit.
Outside investors are altering area real estate investors’ strategies
Cushman & Wakefield |CRESCO Real Estate’s Joe Barna on the state of the Greater Cleveland real estate investment market and the need for investors to adjust expectations in the face of increasing competition.
Limiting landlord liability in real estate lease agreements
Zito Insurance Agency a Division of Risk Strategies’ Chris Zito on what landlords should consider in their real estate lease agreements to transfer risk to their tenants.
Vendor consolidation improves organizational performance
Blue Technologies’ Billy Nelson on consolidating vendors to improve organizational efficiency and reduce expenses.
Public ESG standards are making their way to private companies
Clark Schaefer Hackett’s David Coomer and Clark Schaefer Consulting’s Seth Rensberger on ESG and how it’s affecting private middle-market companies.
Be honest and respectful to create trust
Cleveland Metroparks’ Wade Steen looks at the importance of financial integrity and what the absence of it can mean for your organization.
How to break a promise and retain credibility
When you’re wrong, admit it and turn the page
3 steps to manage the financial risks in your construction project
Babst Calland’s Marc Felezzola on three ways to protect yourself before beginning a construction project.
Being proactive about health care can save money, lives
Highmark Blue Cross Blue Shield’s Timothy Law Sr on the importance of preventive health screenings and why you should take advantage of the benefits offered by your insurance plan.
Helen Hanna Casey leads Howard Hanna Real Estate Services through generations of growth

Howard Hanna Real Estate Services continues to grow, led by CEO Helen Hanna Casey, with a fearless approach to facing every challenge as an opportunity.
Meet the 2022 Smart Women Award honorees

These Northeast Ohio professionals are leading the way in creating strong organizations and mentoring up-and-coming women.
Training is key to unlocking new document management’s potential
Blue Technologies David Cramer explores the evolution of document management systems in the legal and professional services spaces, and how training is adapting to ensure users get the full experience any place and on any device.
How to prevent fraud for business accounts
First Federal Lakewood’s Alix Kaufmann on how businesses can combat scammers.
You’ve been served!
Squandering resources on legal gymnastics can be an exercise in futility because too many times, when you win, you still lose.
The increasingly important role of supplemental benefits
FirstLine Benefits’ Sana Hashmi covers supplemental benefits and how they’re finding a place within employer health plans.
How technology is changing the health care delivery system for the better
Highmark Blue Cross Blue Shield’s Ian Blunt on how technology is helping patients proactively address their health care needs.
How integrated payables streamlines vendor payment process
Huntington Bank’s Jim Altman looks at integrated payables and how it streamlines the payments process.
Navigating environmental issues and liabilities in transactions
Babst Calland’s Ben Clapp explores the environmental diligence process in a sale and how to address environmental risks in contractual provisions.
A failed restaurant helped Raji Sankar discover the recipe for success at Wholesome International

One big miss, one big hit and a lot of discovery about how to shape a business set up Raji Sankar and Wholesome International for success.
Complacency: enemy of our soul
When you lose discipline in your life, your potential is limited
Companies continue to negotiate remote work options
Clark Schaefer Hackett’s Aubrey Chua explores the evolving remote work situation and how companies can set up remote workers for success.
Factors affecting the 2022 industrial real estate market
Cushman & Wakefield | CRESCO Real Estate’s George J. Pofok examines the Northeast Ohio industrial real estate market, the conditions creating the tightness and how to navigate the situation to get results.
Online enrollment processes reduce errors, provide transparency
Zito Insurance Agency a Division of Risk Strategies’ Michele Hanzak on how employers can assist new employees with initial benefits enrollments and how to handle the open enrollment process when you can’t meet in person.
Develop a business strategy now to ensure maximum value at sale
Planned Financial Services’ Frank Fantozzi on how to create an exit strategy and the importance of starting now.
Compliance, competitiveness shape the technology stack
Blue Technologies Smart Solutions’ Benjamin Simms looks at trends in managed IT and areas where businesses must adapt to stay competitive and protected.
The M&A Boom: How long can it last?

The 2022 landscape remains strong and active for companies pursuing all aspects of M&A activities. But how long can it last?
Finding the right partner
Great partners, like great husbands and wives, have the most success when each person puts the interests of their partner ahead of their own.
Does your ‘what’ need a ‘why’?
Starting something is simple but execution is tough.
What to do if your firm receives an unexpected offer
In today’s M&A market, business owners need to be prepared for unsolicited offers. Know what your company is worth, negotiate meticulously and stick to your strategic objectives.
EX = CX: A formula for future business success
The employer/employee relationship has been disrupted, and studies indicate organizations will face this challenge for several years.
Try it before you buy it
What do ice cream shops, online entertainment streaming services, and car dealers all have in common?
How business owners can protect data and enhance security
Babst Calland’s Justine Kasznica and Ember Holmes offer their take on the Biden administration’s response to the cybersecurity threat, and how business owners can minimize risk and stay compliant with regulatory requirements.
Reduce costs, improve employee health with targeted care packages
FirstLine Benefits’ Scott Helmer on employer health care benefits and ways to reduce costs for both employers and employees.
The latest innovations in behavioral health
Highmark Blue Cross Blue Shield’s Bradley E. Karlin looks at the latest innovations in behavioral health, how to overcome barriers to care and the role employers play in keeping employees well.
What to consider before selling, exiting your company
Huntington Bank’s Jim Altman explores exit planning, and options available to owners once a liquidity event occurs and is complete.
How using data, analytics can propel innovation
Lynne Doherty, who’s with Sumo Logic, a partner of MILHEM DTL, talks about why digital transformation is critical to moving your business forward.
Edward J. Sheehan Jr. leads Concurrent Technologies Corp. to keep America safe

How Concurrent Technologies Corp. recruits, retains and engages its dedicated team of specialists to cohesively execute cutting-edge innovations.
Be an ex-billionaire
Gauge your success by how much you can give.
2022 Smart Culture Awards

The 2022 Smart Culture Awards honor local organizations that have demonstrated cutting-edge practices in cultivating and sustaining their culture. See who we recognized this year.
Three strategic ways businesses compete
You can’t be everything to everyone. Competing in business, you choose an approach.
What the VC boom means for early stage investing
With more investors of all types seeking access to venture investing opportunities, opportunities are increasing for broader participation to compete for deals.
Your employees are not OK
One of the most important takeaways of the last two years for business owners is this: You must focus on the mental health of your employees.
Cleveland’s strong institutional investing ecosystem
Many Cleveland-based institutional investors have invested with local fund managers, driving a double-bottom line of investment growth and local company growth.
Navigating the incentive roadmap
The right consultant can help you stay focused on your most important responsibilities while ensuring that you and your company receive maximum incentives.
The philanthropic landscape
It is rarely a good idea for the first generation to establish philanthropic goals on their own or to choose goals that are important solely to them.
The customer buying journey
Connect with your audience at the right time and place with a message that resonates
Ukraine conflict highlights upsides of ethics and prudence
Russia’s actions against a democratic and sovereign nation are a sobering reminder that choosing where and with whom you do business is a critical component of long-term success.
Banks must support small businesses through the SBA loan process
First Federal Lakewood’s Dell Duncan talks through common misconceptions that exist when it comes to the loan process and what businesses can do if they’re interested in SBA loans.
The difference between management and leadership
Hopson Communications & Coaching’s Edward C. Hopson breaks down the difference between leading and managing, how this affects an organization and what companies can do to address the issue.
A lesson businesses can learn from “What’s in my wallet”
Being always ready for the unexpected is a prerequisite and strategic advantage for organizations of every size, from the corner-store operator to industry giants.
How to mitigate B2B payments fraud
Huntington Bank’s Jim Altman explores B2B payments fraud — the trends and the tactics to mitigate attacks.
Impact of OTC programs on health plan utilization, costs
FirstLine Benefits’ Kala Ryan talks through OTC programs, as well as employer benefit programs that can reduce costs and streamline accessibility to OTC medications.
How to identify and prevent COVID-19 health care fraud
Highmark Blue Cross Blue Shield’s Latrisha Oswald on how employers can help employees avoid being victims of fraud and how to report suspicious activity.
Compressed timelines have deals closing faster than ever
Babst Calland’s Kevin T. Wills looks at how M&A deal timelines have shrunk and the impact that is having in the deal-making space.
Tara Rudnicki prioritizes those in need during a challenging time for Tobii Dynavox

How Tobii Dynavox’s Tara Rudnicki led the company through significant disruptions to both its sales process and reimbursement model during the pandemic.
Encourage employee confidence by sharing financial details
By sharing the more intricate details, everyone can be a participant in the solution we all need to achieve.
The importance of options
It takes a lot of effort to retool an organization, and doing so is not without risk, but the payoff could be transformative.
Supplemental benefits attract and retain workers at no cost to employers
Zito Insurance Agency’s Greg Zito talks about supplemental benefits and how employers can use them to help attract and retain employees.
Greater cyber threats require training to mitigate
Blue Technologies’ Mark Dunkley outlines the cybersecurity issues facing businesses today and how to mitigate them.
Brownfields are inexpensive options in a tight industrial market
Cushman & Wakefield | CRESCO Real Estate’s Eliot Kijewski explores brownfields and what prospective buyers should know about the remediation process.
Act fast before newly added cost segregation benefits expire
Clark Schaefer Hackett’s Brendan Walsh looks at cost segregation, its misconceptions and how to use it effectively.
2022 Smart Business Evolution of Manufacturing

The 2022 Smart Business Evolution in Manufacturing Awards honor innovative Northeast Ohio manufacturers. See who we recognized this year!
Make sure your corporate eyes are not bigger than your corporate stomach
Addition by subtraction is an effective way to reach your goals. Going heavy on the best and forgetting the rest is good business.
An experienced M&A attorney can help minimize the risk of post-closing disputes
Babst Calland’s Kate Cooper on why it is critical that representations and warranties accurately portray your business when selling, and how a deal attorney with experience in your industry can help minimize the risk that a buyer will pursue a claim after closing.
Challenges, opportunities for businesses in 2022
Huntington Bank’s Jim Altman explores some of the expected opportunities and challenges for companies in 2022.
Dennis Lejeck learns to love the view from the top at Black Knight Security

Operating in an industry that can have 300 percent annual turnover, Black Knight Security’s Dennis Lejeck had to dig deep to keep his company’s competitive advantage.
Why experiential events should be part of your strategy
Akron/Summit Convention & Visitors Bureau’s Gregg Mervis talks about experiential events and how companies can leverage them to stand out among industry peers.
See your employees as an investment, not an expense
Hopson Communications and Coaching’s Edward Hopson takes a closer look at why employers should emphasize retention and how that can be done.
Why working with a mutual bank can help transform your business
First Federal Lakewood’s Kurt Kappa explains why mutual banks are an attractive contender when it comes to business banking.
How companies are maintaining productivity in the hybrid model
Blue Technologies’ Dale Bielek looks at how companies can enable employees to stay productive as they move seamlessly between home and work offices.
Developer Sam Petros finds success — for himself and others — by selling his vision

How Sam Petros founded and grew Petros Development Co. and Petros Homes Inc., which combined have brought more than 3,000 new homes to Northeast Ohio and completed over 100 commercial projects.
Retaining female talent in the workplace
In order for leaders to retain their female talent, there needs to be greater acknowledgment of the unique challenges women face.
Does everyone need or want to know how the sausage is made?
Remember, once something is disclosed, it’s impossible for people to unsee or unhear something that proved to be irrelevant or disturbing.
Selling a business to an ESOP offers more than just financial benefits
Huntington Bank’s Jim Altman explores the process and benefits and reasons to sell a company to an ESOP.
Pittsburgh market facing challenges, opportunities
Babst Calland’s Mary Binker on how landlords and tenants can adjust to an evolving commercial real estate market.
Microbac Laboratories and Trevor Boyce take marketing lessons to heart

Microbac’s revamped image has created both a financial and emotional return that chairman and CEO Trevor Boyce knows his competitors are looking to copy.
2021’s M&A boom continues, but headwinds could slow the pace

The deal professionals we spoke with see the 2022 deal year with optimism. However, headwinds could create resistance.
Managing betrayal in the workplace
Nothing cuts deeper than investing, believing and trusting in individuals who decide that their self-interest is the only factor in their decisions.
Get out of your office and get connected
Today’s CEOs should see themselves as the hub of many spokes, connected to a community of ideas that could unlock tremendous growth.
How COVID is impacting P&C insurance
Zito Insurance Agency a Division of Risk Strategies’ Chris Zito covers how to address the impact of COVID-19 on your property and casualty coverage.
Why a real estate broker is such a valuable asset
Cushman & Wakefield/CRESCO Real Estate’s Simon Caplan lays out the benefits of using a real estate broker.
How automation is helping companies big and small
Clark Schaefer Hackett’s Glenn Plunkett examines how businesses are using automation and custom software development to overcome current business challenges.
Dave’s Markets connects with communities to grow together

Dave’s Markets and its five generations of the family in the business grow by learning from their customers and embedding themselves into the communities they serve.
How corporate philanthropy builds a better workplace culture
The commitment to community is a good lesson in life, and it feels good to be part of — it makes leaders feel good to give, and it makes employees feel good to be a part of it.
3 hard truths about today’s biggest HR challenge
Effective recruiting remains vital as small businesses struggle with the labor shortage. For now, the best approach is to focus on the hard truths to make small businesses more competitive and attractive to job seekers.
How to keep up with evolving COVID-related regulations and mandates
Babst Calland’s Molly Meacham on the issues impacting employers and the steps they can take to ensure compliance.
Josh Pickus leads Net Health into the future of work

With a leadership style and the culture designed to drive Net Health boldly into the future, Josh Pickus is leading the health care software business through two major changes.
Mezzanine capital serves a purpose for those who know how to use it
Huntingon Bank’s Jim Altman explores mezzanine capital, the situations in which it can be leveraged, as well as what criteria those who borrow mezzanine capital must meet in order to qualify for it.
Procrastination and these famous last words can lead to bigger troubles
Playing possum by pretending a problem isn’t a problem and waiting too long to fix the issue can lead to far more trouble than simply facing reality and cutting your losses.
2022 Pillar Award for Community Service – Central Ohio

The Central Ohio 2022 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
2022 Pillar Award for Community Service – Greater Cincinnati

The Greater Cincinnati 2022 Pillar Award for Community Service honorees have been chosen. See who we’re recognizing this year.
How artificial intelligence is changing the mergers and acquisitions process
Babst Calland’s W. Dane Fennell and Christian A. Farmakis dive into how AI is transforming due diligence in the legal marketplace.
How to encourage employees to use their health care benefits
Highmark Blue Cross Blue Shield’s Timothy Law looks at ways employers can help employees overcome reluctance to use their health care benefits.
Strategic planning and the importance of proper capitalization
Huntington Bank’s Jim Altman on the importance of matching a financial plan to a company’s strategic plan.
Overcoming hiring challenges requires a change in mindset
Hopson Communications and Coaching’s Edward C. Hopson offers advice on how employers can build a brand that helps them attract top talent in a hyper-competitive job market.
Treasury management tools streamline cash flow, prevent fraud
First Federal Lakewood’s Kurt Kappa outlines treasury management tools and how they save time and mitigate fraud.
Maximize the efficiency of your technology with vendor management
Blue Technologies’ Lauren Hanna talks about choosing the right technology partnerships to maximize the efficiency of your technology portfolio.
2021 Northeast Ohio Smart 50 Awards recognize region’s top leadership

The Smart 50 awards recognize the region’s top leadership. Check out this year’s honorees!
2021 Pittsburgh Smart 50 Awards recognize region’s top leadership

The Smart 50 awards recognize the region’s top leadership. Check out this year’s honorees!
Meet the 2021 Smart Women Award honorees

2021 Smart Women Breakfast & Awards celebrates some of our community’s most committed and accomplished women, and champions of women’s leadership.
Cascade Capital Corporation 2021 Business Growth Awards

22 outstanding companies that fortify the strength of our regional economy
Backed by a new capital partner, Expedient is in expansion mode

On the heels of its AMP Capital deal, CEO Shawn McGorry is looking to leverage its deeper and stronger capital backing to take Expedient forward.
2021 Family Business Achievement Awards

The 2021 Family Business and Business Longevity honorees represent some of Northeast Ohio’s successful family-owned businesses that are growing for the next generation. Check out this year’s class.
2021 Columbus Smart 50 Awards

Congratulations to the Columbus Smart 50 Awards honorees!
J. David Heller’s team of A+ players makes it happen for The NRP Group

The NRP Group, before it was The NRP Group, was essentially two people: J. David Heller and Alan F. Scott. Heller was approached, at the age of 28, by a local neighborhood nonprofit in the Glenville neighborhood of Cleveland that wanted to develop a project to serve the residents of its community. Heller and Scott […]
Cascade Capital Corporation 2020 Business Growth Awards

35 outstanding companies that fortify the strength of our regional economy.
Meet the 2020 Smart Women Award honorees

The Smart Women Awards celebrate the achievements of leading businesswomen, inspiring male advocates and effective women’s programs.
How UPMC Health Plan’s Diane Holder leads through a crisis

UPMC Health Plan was dealing with multiple issues related to the pandemic, which led President and CEO Diane Holder to reach for the insurer’s disruption plan and put it into action.
Eric Schnur empowers Lubrizol to support those on the front lines of the pandemic

How Lubrizol Corp.’s Eric Schnur stabilized the company while positioning it to protect those serving on the front lines in this global COVID-19 pandemic.
Dee Haslam: In sports and business, people are the foundation of success

Dee Haslam, investor in the Columbus Crew and the Cleveland Browns, shared her thoughts on sports, business and more at the Columbus Chamber of Commerce annual meeting.
Chris Haas always has an eye on what the customer needs

As one of seven children growing up in a blue-collar family in Lakewood, Chris Haas has always been well-acquainted with the value of a hard day’s work.
EY Entrepreneur Of The Year® 2019

These are the visionaries who launch and reimagine businesses, employ millions and set the pace for generations of entrepreneurs to come.
AJ Petitti has Petitti Garden Centers poised for another big year

Spring has sprung and AJ Petitti can’t wait to get going on another growing season in Northeast Ohio. Petitti Garden Centers is an iconic company built on the bonds of family and great customer service.
Cleveland Clinic’s new CEO is poised to confront health care’s greatest threats

Dr. Tomislav Mihaljevic conveys a sense of the calm, the strength, the wisdom and the leadership he will need to lead the Cleveland Clinic into the future.
2018 EY Entrepreneur Of The Year®

EY celebrates dynamic mold breakers in its EY Entrepreneur Of The Year® program. Meet the 2018 winners and finalists who come from Kentucky, Ohio (except Toledo), Western Pennsylvania and West Virginia.
Hoddy Hanna’s rules for acquisitions has Howard Hanna making bold moves

Howard Hanna wins the hearts and minds of an acquired company before making changes. This is just one of the M&A lessons the company — and Hoddy Hanna — has learned.