Business owners prepare to pass along ownership Submitted: 08/22/2013
Story By Shardaa Gray

Business owners prepare to pass along ownership
Photos By Shardaa Gray

RHINELANDER - Every community in the Northwoods wants their small businesses to grow.

In order for them to grow sometimes the business owner needs their children to take over the business.

The Rhinelander Chamber of Commerce wants those business owners to be prepared when the time comes.

The chamber held a Lunch and Learn session for owners today.

The session informed business owners of options to sell or transfer ownership of the business when the time comes.

Business owner Steve Ory plans for his son to take over Enterprise Wood Products in Rhinelander.

"I think this is good for the community to have somebody come in and talk to small businesses that wants to pass it along to their children," said Ory.

"The more tax and legal information you can have the better."

Sometimes the child of the business owner might not want to take over.

That's why it's important to have a back up plan.

"Be prepared. When we talk about assembling an advisory team, we talk about attorneys, business brokers to help you sell that business and a financial advisor," Morgan Stanley Wealth Management financial advisor, Tyler Krombholz.

"All these people have to work in concert to help this transition happen."

The chamber plans to have another lunch and learn session next month.

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ARBOR VITAE - An Arbor Vitae restaurant may be relatively new to the area, but regulars quickly started packing the place every Friday for fish fry.

Ron and Marlena Schisel opened Outback 51 about a year ago.

They say it was tough being the "newbies" at first, but their fish fry got people in the door from the start.

Bluegill is the favorite plate at this fish fry.

" Surprisingly we sell more bluegill more than any other fish. It is a Northwood's native fish, people want to see if it takes the fish that they have when they clean fish," says Ron.

Outback 51 serves fish fry Fridays starting at 11 a.m.

Click link below for more info.

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CRANDON - An inmate in the Forest County Jail committed suicide Wednesday morning. 

According to a press release from the Forest County Sheriff's Office, jail staff found the man shortly after 6:30 a.m.

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EAGLE RIVER - Now that spring has sprung, many of us will be looking forward to warmer temperatures.

But these cool temperatures are keeping sap harvesters in business.

For the last 23 years, Yukon Jack has made his own maple syrup from trees in his own yard in Eagle River.

"Normally, I make 30 to 40 gallons," said Jack.

This year, things are looking good for Jack and his syrup.

"This is going to be a good year," said Jack.

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EAGLE RIVER - You typically find cotton or denim running through her sewing machine, but Chris Gaffron has been sewing a lot of plastic lately.

"It's just straight stitching, so anyone can do it," Gaffron said.

The "StitchIt" custom embroidery store owner worked on sewing old plastic feed bags from a friend's horse barn, which don't biodegrade.  Gaffron and her friend talked about ways to make better use of the trash and came up with an idea to help the homeless.

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WOODRUFF - The state will no longer use county-by-county rules to attempt to slow the spread of deadly emerald ash borer (EAB).

Next Friday, all of Wisconsin will be under an EAB quarantine. That means ash wood can now move freely around the state.

In the current system, individual counties are quarantined only if the tree pest was found there. The state restricted the movement of ash wood between infected counties and those free from EAB, trying to keep more areas "clean."

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RHINELANDER - The ground won't thaw for another month or so, but you can start planning your garden now.

You'll have to wait until mid-May to plant flowers, but you can get away with some vegetable seeds.

Bare root plants are also a good option for early-spring. Those include apple trees, blueberry and raspberry bushes.

"We can help out here when you come out and make sure you get everything you need to get started."

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CRANDON - A jury found a Crandon woman guilty Wednesday of trying to sneak narcotics into the Forest County Jail. 

Patricia Kirker was found guilty on all five felonies. 

The jury made its decision in less than an hour.

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