Building the Family Business Blueprint Strategy, Growth, Support, and Succession Planning

Building the Family Business Blueprint Strategy, Growth, Support, and Succession Planning

28 Apr 2025

Building the Family Business Blueprint Strategy, Growth, Support, and Succession Planning

 

The University of Nevada, Reno's Ozmen Center for Entrepreneurship's Family Business Program provides focused assistance to family-owned enterprises negotiating the challenges of professional development, generational dynamics, and succession planning. Developed by advisory board co-chairs Jeremy S. Lurey, PhD, and Chris Yount, MBA, the program addresses the unique challenges family businesses face today.

Program Offerings and Expertise
The Family Business Program provides specialized workshops, webinars, and consulting services covering vital areas such as finance, marketing, AI integration, and succession planning. It prioritizes networking among family business leaders, fostering peer-to-peer learning and sharing of real-world experience across industries including manufacturing, agriculture, technology, and banking.

Leadership and Community Impact
With Yount’s background as a third-generation family business leader and Lurey’s expertise in coaching family-owned companies, the program bridges academic insight and practical business experience. Corporate sponsors like Family Legacy 1st, Whittier Trust, and Premier Private Client Insurance Services further strengthen the program by offering direct consulting and financial backing.

University and Student Engagement
Established through the support of Eren and Fatih Ozmen, the Ozmen Center has long championed entrepreneurship and business innovation. The Family Business Program not only strengthens local businesses but also connects UN Reno business students with seasoned professionals, creating future opportunities for structured learning around family business dynamics.

Long-Term Vision
With plans to integrate family business education into UN Reno’s curriculum, the program aims to equip the next generation of entrepreneurs with the skills and mentorship needed to manage leadership transitions, strategic planning, and organizational growth.

Conclusion
The Family Business Program exemplifies how universities, businesses, and communities can collaborate to drive economic success and ensure the sustainability of family-owned enterprises across generations.

 

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