Challenges and Successes of Family Business: Insights from Reed Family Companies CEO

• Challenges and Success...
Join Pat Soldano, President of Family Enterprise USA, in a candid conversation with Jeff Reed, President and CEO of Reed Family Companies. Discover the rich history and operations of Reed Family Companies, spanning heavy highway construction, aggregates, and infrastructure projects across the U.S. and overseas. Jeff delves into workforce issues, succession planning challenges, and the impact of legislation on family businesses. Gain valuable insights into community involvement and the unique dynamics of family-owned enterprises in this illuminating discussion.
Introduction to Reed Family Companies: Jeff Reed, President and CEO, provides insights into the history and operations of Reed Family Companies, a multi-generational family business primarily involved in heavy highway construction, aggregates, and infrastructure projects.
Challenges of Growth: Reed discusses the challenges of finding competent employees and navigating government regulations, particularly in areas such as opening new quarries and developing new equipment lines.
Succession Planning: The discussion touches on the complexities of succession planning within family businesses, with Jeff sharing his experience of navigating estate taxes and planning for the next generation's involvement in the business.
Community Engagement: Reed Family Companies actively engages with the community through initiatives like Reed Community Day, where employees volunteer their time, and involvement in local projects such as rebuilding parks and supporting charities. Jeff emphasizes the importance of family businesses in community support and urges Congress to address regulatory issues affecting businesses, particularly in California.
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Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions, and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization.
Family Enterprise USA promotes family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC.
Family Enterprise USA members meet with legislators in Washington D.C., to present non-partisan intelligence, research and information on the economic impact family businesses have on the US economy and job growth, as well as the contributions they make to their communities.
We hope your family will choose to be a member of Family Enterprise USA. For more information please contact us.
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