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.
ANTIGO - Messages of support have been pouring in throughout the state since the prom shooting tragedy in Antigo.
Two Antigo women are continuing to support the community by collecting donations not only for the family of the shooting victim, but for the family of the shooter as well.
You can find a box at the Thirsty Soul in Antigo where people are placing words of encouragement, cash, and gift cards for the Wagner and Cooper families.
Lisa Sennholz is a mother of two Antigo High School students. Her son was at prom the night of the shooting. After that night, Lisa knew that something had to be done.
"My first instinct was to do something, to actually reach out and help in some way," said Sennholz. "And I said, I just feel like we need to ask the community to rally around these families and give support."
Lisa and Diane Kondrath, the owner of the Thirsty Soul, originally just hoped to collect cards of encouragement for both the Cooper family and the Wagner family. Soon, they began to collect gift cards and other monetary donations.
"I am overwhelmed with how many people have come in, and cared for both families equally," said Kondrath.
BURLINGTON - House Speaker Paul Ryan is campaigning for Sen. Ron Johnson in southern Wisconsin, but is also avoiding expanding on his announcement that he could not support presumptive Republican presidential nominee Donald Trump "at this point."
Ryan refused to take questions from reporters following the event Thursday, where he did not refer to Trump. Johnson, who also did not mention Trump, followed Ryan's lead in refusing the take questions.
NORTHWOODS - When you go out to eat, you usually think of typical brick-and-mortar restaurants, but a few local businesses might be turning the tide right here in the Northwoods just by working out of a truck.
"It's actually a growing community," says Chumpot Ratanawong, owner and operator of the Hanuman Express food truck. "It's nice because we talk to each other, we bounce ideas off each other."
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. Rockfleet Broadcasting / Northland Television, Inc. and By Request Web Designs shall not be held responsible for any typographical errors, misinformation, or misprints.