What's New @ CAFE VI
CAFE Vancouver Island Newsletter - April 2014
In This Issue. . .
- Capital Iron Wins National Award
- Event: FEYA Award Gala Dinner - May 22, 2014
- Event: Family Business Symposium - May 21-23, 2014
- Event: Business Transition Strategies - April 24, 2014
- Event: Member and Friends Night Out - June 12, 2014
- In the News: The Pacific Design Acedemy, U-Lock Mini Storage, Story Construction
- Member Profile: Monk Office
- Event: NextGen Bowling - May 9, 2014
- Summer Employment Opportunity: Butler Brothers Supplies Ltd.
- Meet our New Volunteer Market Research Analyst
- Educational Opportunity: Sauder Institute
- Launch of 2014/15 Sponsorship Campaign
- This is Where You Come In
- Upcoming Webinars
- CAFE VI Board of Directors
- Get Social with CAFE VI
- Become a Member
CAPITAL IRON WINS NATIONAL AWARD
After winning the Vancouver Island FEYA (Family Enterprise of the Year Award) on February 19th, Capital Iron became part of the national competition of winners from all of the other chapters from across Canada.
And, they won!
Join us to celebrate this wonderful achievement at the FEYA Award Gala Dinner (info below).
Pictured above from left: Mike Black, President, Capital Iron, Eveline Black, Nick Black & Kylie Black
FEYA Award Gala Dinner with keynote David Chilton
On Thursday May 22, 2014 Capital Iron the national CAFE FEYA Award Recipient, will be honoured at the CAFE Family Enterprise of the Year Achievement (FEYA) Award Gala. This spectacular gala celebration will be hosted in the ballroom of the Westin Bayshore.
After a spectacular dining experience, CAFE members and friends will be treated to a unique, custom keynote presentation delivered by Canadian business icon, David Chilton, author of Canada's all-time best-selling book, The Wealthy Barber and panelist on the hit T.V. series The Dragons' Den. David's unique combination of financial knowledge and humour has helped to take the intimidation out of financial planning for millions of Canadians. All attendees will receive a signed copy of David's latest best-seller, The Wealthy Barber Returns.
Please note: 1 reservation for the CAFE FEYA Award Gala Dinner is included in each paid CAFE 2014 Family Business Symposium reservation.
Additional FEYA Award Gala Dinner seats are: $275+GST for CAFE Members / $375+GST for Future Members, click here for reservations.
Corporate Table of 8 for $3,000+GST, click here for benefits & reservations.
Member Table of 8 for $1,925+GST, click here for reservations.
Business Transition Strategies
April 24, 2014 - 4-6 p.m.
What you may be wondering:
- When should I start seriously planning for my retirement?
- Are my children interested, capable or ready to lead my business?
- How can I delegate to someone new without putting my financial future at risk, not to mention my life's work?
- How can I find someone that can run my business? We're so unique!
- What will I do with my time if I'm not running the company?
If these questions have crossed your mind, then this seminar is for you. The three advisors will demonstrate through case studies how other local small business owners have already successfully transitioned their businesses. More importantly, they will identify some of the pitfalls that must be avoided at all costs.
This exciting seminar of business advisors and local family businesses is an excellent opportunity to learn about transition and also get some preliminary exposure for Building Strong Families for Successful Transitions, the Family Business Symposium in Vancouver, May 21-23
Members & Friends Night Out & Brewery Tour @ Moon Under Water Family Business!
Coming Up! Join us for an end of season social and celebration, 5-7pm on June 12th
Celebrating the Role of Family Business in the Economy
In The News
Photo: Oliver Drew, Director & Jude Barkley, Department Head, Interior Design Program
CAFE Family Business Member, recently attained two important designations:
- The Education Quality Assurance Designation (EAQ).
This accreditation which allows foreign students to study at the Pacific Design Academy identifies BC public and private post-secondary institutions that have met or exceeded provincial government recognized quality assurance standards and offers consumer protection.
- NKBA Supported Program Status
The National Kitchen & Bath Association (NKBA) recently announced that the Pacific Design Academy as the most recent educational institution to attain this status with their Interior Architectural Design diploma program, Oliver Drew, the school owner says, “The NKBA certification means our Interior Design students will have demonstrated the skills necessary to work in the fast paced and lucrative Kitchen and Bath design industry.
For over 23 years, the Pacific Design Academy has provided private post secondary programs in Interior Design, Graphic Design, Fashion Design, Building Technology, Motion Picture Production (Film), and Acting for the screen.
U-Lock Mini Storage, CAFE Family Business Member, recently joined forces with a few other self storage operators across Canada and formed a National brand and coverage of portable storage www.cubeit.ca These systems are the best in the industry (strong and all steel) and allow for extremely convenient moving and storage.
Customers provide the delivery location and they then load it themselves on their own schedule. There’s no rush – some people load over a month while others just take a day. Hired movers can load the cubes as well. When a customer is done with the cube or need it relocated they just all and it is moved for them.
Cubeit is currently operating throughout the Lower Mainland and will have full service on the Island this fall. They are very excited to have both a traditional and portable storage option for their customers!
Story Construction recently completed the build out of the new Emily Carr Library at UpTown Shopping Centre and is currently renovating the Archie Browning Arena & Olympic View Golf Course clubhouse.
Send CAFE YOUR news, congratulations and well wishes for the next newsletter.
James McKenzie, CEO of Monk Office, was a founding member of CAFE Vancouver Island in October 1999 and previous to this date, was involved with CAFE Canada for many more years. In fact, he has been a member of a Personal Advisory Group (PAG) with CAFE for over 20 years.
Thriving today, the picture wasn’t always this rosy. In the mid 90’s, James called an emergency meeting of his PAG to help address a critical situation. The talent around the table then and the shared experiences through CAFE over the years have ensured the company’s continued success. Along the way, a successful transition of the business from father to son and the preservation of family relationships have been among the gold nuggets derived from James’ involvement in CAFE that have helped this family business.
What does success look like for Monk Office? Originally a small stationery store, they now have retail stores in ten locations stretching to Port Hardy along with two office furniture showrooms and a large commercial office products distribution centre in Victoria. Their focus on extraordinary customer service and expertise as well as their recent move into technology provides for one-stop customer satisfaction. Their business vision is to help customers’ lives run smoothly.
Monk Office Supply was purchased by Ron McKenzie in 1963 and ultimately James bought into the business, increased his shares, bought out his father and became the major partner alongside Ross Hill. Their dramatic growth and new directions give the business its look today. Among the benchmarks in this successful story of growth and survival was the company’s membership in BASICS Office Products, the largest office products buying group in Canada.
Through the commitment and effort of the staff and management of Monk Office, they have become the premiere office products dealer on Vancouver Island.
Attention NextGens: Summer Employment Opportunity
Butler Brothers Supplies Ltd is offering employment opportunities to CAFE NextGens
Does your business have a NextGen family member (age 19-34) who would enjoy the experience of working outside of the family business? Contact Travis Butler at 250-883-6671 to inquire about potential opportunities.
If you have a position within your own organization that you believe could be filled by a CAFE NextGen let us know and we will see what we can find.
Welcome Gene Krop – new Market Research Analyst
Gene recently joined CAFE as a valued volunteer to research family businesses in Greater Victoria and up-island. His background teaching marketing and entrepreneurship at three colleges along with significant retail experience including owning his own business is a great asset to CAFE.
Integrative Management Program, Sauder Institute, Downtown Vancouver, May 5 - 9, 2014
Make better decisions for your business
This fast-paced five-day course for senior managers provides an integrated understanding of business: strategy, marketing, financial management, operations, and performance management. Learn from award-winning faculty from the UBC Sauder School of Business, who will challenge you to stretch beyond your current horizons.
- Read and understand financial statements
- Plan for future success
- Increase sales
- Increase efficiency and decrease your costs
- Build a self-directed work force
604.822.8400 • 1.800.618.3932
Launch of 2014/15 Sponsorship Campaign
THANK YOU CAFE Vancouver Island 2013/14 Sponsors It's been a great year and you have made a difference!
We are currently running our Sponsorship Campaign for 2014/15 with a goal of $20,000. We’re over half way there! Thanks to the many sponsors for our upcoming season:
- Bank of Montreal
- Business Development Bank
- Capital Iron
- Hot House Marketing
- Proline Property Management
- Story Construction
"CAFE Vancouver Island is the pre-eminent family business organization on Vancouver Island and is the community of family business that helps other family businesses to overcome challenges with confidence while making tough decisions that enable them to move forward knowing that they are not alone. As President, I am passionate about the importance of CAFE – Vancouver Island for my business, for the business of the many friends I have made through this organization and for all of our members. Together, we can continue to add value to this unique community.
Thanks for considering us!"
President, CAFE Vancouver Island
This Is Where You Come In
Just Having a Look Around
Does your business lend itself to a tour by CAFE members & Friends? If so, let us know, we’d be happy to design a visit with a splash!
Who Could Benefit from CAFE Membership?
YOU likely have a good idea! Recommend a business, we’ll provide them with information on CAFE. The best way to promote this excellent organization is through word of mouth. You have our consent to TALK IT UP.
What’s new with your business?
Let us know and become part of our next newsletter!
Stay in touch
Contact Bernadine Rudichuk, Managing Director at firstname.lastname@example.org or 250-532-2402 on questions, concerns or any thoughts you may have about CAFE Vancouver Island.
- June 10, 2014: Assembling Your Professional Team
Jeff Sproul, Northland Wealth Management Inc.
- August 20, 2014: Managing Conflict through your Transition - What Every Family Needs to Know
Robin A. Dodokin, Garfinkle Biderman LLP