TROY, Mich. – Walsh College is proud to announce the Succession Success Award, a new recognition for family owned and operated businesses.  The Walsh College Leadership Center, in partnership with DKSS CPAs + Advisors, is presenting this award through the Best of Michigan Business awards program.

Nominations are now open and must be submitted by August 20, 2015. Find information here: http://www.walshcollege.edu/professional_development/family_business

[Nominate: http://michbusiness.com/events/the-best-of-michbusiness-2015/nomination]

The Succession Success Award honors family owned and operated businesses that have successfully transitioned leadership and ownership from one generation to the next.

“Nominees should exhibit the tenacity, vision, and love of their businesses to plan for the future and successfully transition toward it,” says Jan Hubbard, Walsh Leadership Center director. “Family business transitions can be parent to child, and it can also include nieces and nephews, cousins and other family relationships,” she notes.

DKSS CPAs + Advisors, founding sponsor of the Walsh Leadership Center, and Managing Director Ursula Scroggs, are thrilled to partner with Walsh on this award. DKSS specializes in serving family businesses.  “This award recognizes the contributions that family businesses make to our community and economy,” said Scroggs.  The Family Firm Institute’s most recent study shows that family businesses comprise 80 to 90 percent of all businesses in North America. These companies account for 60 percent of total U.S. employment, 78 percent of all new jobs and 65 percent of wages paid.

The Succession Success Award is one of several that will be presented at the Best of #MichBiz event on November 17, 2015 at 5:30 p.m., at the International Banquet Center in Detroit.

As SE Michigan’s leading family business center, The Walsh College Leadership Center offers workshops and two affinity groups specifically focusing on running a family business. The Females in Family Business and Next Generation in a Family Business peer groups meet monthly to discuss issues common to family-owned businesses.

Interested family businesses are invited to call Jan Hubbard, (248) 823-1392 for more information about the awards or affinity groups.