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Upcoming SBM Events

St. Louis Business Expo

10/19/16 | 11AM - 5PM | St. Charles Convention Center

The Expo is the largest business-to-business conference in Missouri, where 2,000-3,000 professionals come to learn, network and grow their business. The day includes an opening workshop, a full day’s worth of seminars and workshops, an awards luncheon, more than 100 exhibitors and a networking happy hour. For a booth at the event, contact Pat Coates at 314.569.0076, ext. 109 or email her at pat@sbmon.com. For more information on the Expo, click here.

Best In Business Awards

10/19/16 | 11AM - 1PM | St. Charles Convention Center | Presented by Northwestern Mutual

Celebrate the top companies in the St. Louis region. Through our reader survey, 50 area businesses are chosen as the Best Businesses in St. Louis. The winning businesses are honored at the luncheon. The event is presented by Northwestern Mutual. Event Sponsors: Winning Technologies, Delta Dental of Missouri, and United Healthcare. Cost: $50, Tables of 10 are $500. Call 314.569.0076

Top Women Business Owner Awards

Feb. 2017 | 11AM - 1PM | Hilton Frontenac Hotel | Presented by Northwestern Mutual

Each year SBM highlights the area's top women-owned companies. We have profiled more than 200 over the past 17 years. This event brings all of these outstanding owners together for one luncheon. Cost: $50, Tables of 10 are $500. Call 314.569.0076

Recent Articles

Selling Your Business

Five Steps Every Business Owner Should Take Before A Business Sale Or Transfer

by Dave Driscoll

I ran into an old friend recently at Bread Co. After discussing what we had both been doing, the next question was, “What’s next?” My friend said he is retiring next month after nearly 40 years of working for the same company. When I asked about his plans after retirement, he didn’t really have any.

“Wow,” I thought to myself. “No plan to fill the void your retirement will create in your life?” I wish him the best, but I really fear that he will have challenges in his future. Business owners face the same issue of filling the void, and they must create their own financial security through the sale of their businesses for prices that will support their desired lifestyles. These five steps will help you develop clarity and begin the process of transferring your business eventually:

New Overtime Rules

New Overtime Rule Doubles Minimum Salary for Exemption; Takes Effect Dec. 1, 2016

by James G. Nowogrocki

The most significant change in years to the Fair Labor Standards Act will require that an employee paid $913 a week (or $47,476 per year) or more be exempt from overtime pay. Currently, employers are exempt from paying overtime for employees who make more than $455 each week. All positions that don’t meet the new FLSA threshold requirements will be overtime eligible, required to track their time and be paid for all hours worked, as well as being paid time and a half for all hours worked over 40 in a workweek.

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Upcoming SBM Events

Recent Articles

2016 Business Owners' Guide