California State University Fullerton’s Mihaylo College of Business and Economics recently debuted its Family Business Council’s new name, the Center for Family Business, acknowledging its alignment with Mihaylo’s 13 Centers of Excellence. Each of the 13 Centers focus on specific areas of study and are recognized as an integral part of the business school’s functional approach to education.
The Mihaylo Centers of Excellence concentrate on a spectrum of needs and concerns within the community while providing an array of services to local business and government sectors. The Centers provide Mihaylo College students with academic and real-world learning environments.
The Center for Family Business (CFB) has been serving Southern California family-owned businesses since 1995 and continues to serve as a channel for economic and employment growth within the region. “With more than one million family-owned businesses driving the economy in the state of California, the need for an educational resource to enable family entities to grow and prosper has never been greater,” said Center for Family Business Director Ed Hart.
The Center provides monthly workshops to address issues unique to family-run companies. A recent workshop featured Wing Lam, co-founder of Costa Mesa-based Wahoo’s Fish Taco, who spoke about how investing in the community benefits business. “Speakers like Wing Lam really open the door for today’s family business leaders to think outside the box and grow their companies to the next level with a philanthropic purpose,” said Hart.
Mihaylo College’s Center for Family Business allows members access to educational resources as well as networking opportunities with local family business leaders with similar fields of interest. According to the school, Mihaylo College is recognized as the largest accredited business school on the West Coast.
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