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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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Wausau Fire Department kicked off its "Fill the Boot" campaign Tuesday morning.

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FOREST COUNTY - Bringing your pet along to watch fireworks might seem like a fun way to spend the Fourth of July, but you could be doing more harm than good.

July 5th is one of the busiest days of the year for most animal shelters.

That's because fearful pets try to escape the bangs and flashes from fireworks and end up lost.

Forest County Humane Society president Jay Schaefer says don't let yourself add to your pet's stress.

Play it down, and make the fireworks a good thing with positive talk and treats.

"They're reading cues from us constantly. So be careful of your body language and the cues you're giving them. If you act like fireworks are a big scary thing they're gonna be like, 'oh my god fireworks are scary,'" says Schaefer.

Exercise can be another way to calm your pet before the big light show.

Burning off the energy earlier in the day may help your pet go to sleep early.

"Take them for a jog on the Fourth of July. I know it's hectic, but do something so they're not all amped up at night when the fireworks go off," says Schaefer.

Like many humans, pets like the smell of lavender.

You can try diffusing the scent around the house to put your pet at ease.

Make sure you have a well-fitting collar and identification tag on your pet.

If flashes are too bright, you might want to close the curtains.

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The Marathon County Sheriff's Office reports a 37-year-old Shawano man died after apparently overdosing on methamphetamine.  

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