Family Business Council

Staff

Events Registration Info
Reservations are required for all
council events.

Call (657) 278-4182 or send an
email to fbc@fullerton.edu

All workshops will be held at
Scott O' Brien Innovation
Room 3230, Steven G. Mihaylo
hall, Cal State Fullerton, unless
stated otherwise

 

"What Owners and Managers of Family Owned Businesses need to know about Compensation”

by Mark Lipis



Mark Lipis

Mark Lipis, Lipis Consulting

Topics that will be discussed at this workshop
  • Equity for non-family members: good, bad or a necessary idea
  • Dealing with the IRS: the issue of Unreasonable Compensation
  • Incentive compensation program, for executives and others
  • Kids in the business: an opportunity to pay them well or get them on the cheap?

Mark Lipis created his own firm, Lipis Consulting, in 1992 after 15 years with Mercer, KPMG, and Watson Wyatt. He advises public, private and not-for-profit organizations on all forms of compensation. His clients range from NYSE corporations to start-ups. Every year he assists dozens of privately-owned companies on a variety of compensation issues, including allegations of unreasonable compensation by the IRS. He has been quoted by the Wall Street Journal, the Los Angeles Times, Los Angeles Business Journal and Fortune magazine among others. He holds a BS from Wharton and an MBA from the University of Chicago.

Mark would like to narrow in his information and give our members the most relevant information, so he has asked the following questions:

  1. Are there particular issues the members would like me to cover?
  2. What are some of the issues that are most difficult for them to handle.
  3. Does your business have an ESOP?
  4. Do they provide equity to senior executives who are not family members?
  5. Do they have an outside Board of directors or advisers? If so, does that body get involved in pay decisions.


RSVP: 657 278 4182 or fbc@fullerton.edu
Reservations required


If you are a family-owned business and want to attend this workshop free just click below. CLICK TO REGISTER HERE AND ANSWER QUESTIONS



PLEASE NOTE: Parking will be at the Marriott Hotel, directly across the street from Mihaylo Hall. Please park in the parking structure only. Cost $5.00. Spaces are assigned and cash for parking box is preferred. Security will be issuing tickets to those parked in other places.



Partners of the Family Business Council
College of Business & Economics | Cal State Fullerton | Benefit Concepts
Ferruzzo & Ferruzzo, Law Offices DoudHausner & Associates Morris Basdakis
RSM McGladgreySullivanCurtisMonroe | Union Bank of California

background