Wake Forest University’s Babcock Graduate School of Management’s Family Business Center ~ Triad and Charlotte Metro has a new tiered fee structure.
The FBC membership fees are now as follows: If a company’s annual sales are approximately less than $1 million, the fee is $1,000. For companies with annual sales between $1 million – $25 million, the fee is $2,500; between $25 million – $100 million, the fee is $3,000; and more than $100 million, the fee is $3,500.
“We are committed to growing our FBC membership and hope the new pricing structure will encourage more family and closely held businesses to take advantage of our services,” said Director Kathy Baker.
The new annual membership fees went into effect July 1.
Potential members may attend one Center program as a guest of a current member of a current member or sponsor at no charge. A subsequent visit is available for a guest fee of $200 for up to four people from the same family business. The $200 fee will be deducted from the membership fee when a company joins the Center. Those interested in membership may view the 2008-2009 forum schedule on the FBC web site: www.mba.wfu.edu/fbc.
The Family Business Center, established in 1999 under the Angell Center for Entrepreneurship at Wake Forest’s Babcock School, addresses issues faced by closely held and family firms. The member-based organization uses the capabilities and educational resources at Wake Forest, in the community and beyond to provide closely held and family firms the assistance they need to grow and succeed from generation to generation.
Member dues and corporate sponsors BB&T, RSM McGladrey, SMSi and Womble Carlyle Sandridge & Rice fund the Family Business Center ~ Triad. Member dues and corporate sponsors Poyner & Spruill and RSM McGladrey fund the Family Business Center ~ Charlotte Metro.