Wednesday, August 28, 2019
Succession planning is a core part of any strong business strategy. For a family-owned business, it’s not just important – it’s central to the process of growing and sustaining a thriving company.
A recent report from PricewaterhouseCoopers found that nearly 44% of family owned businesses consider succession planning a challenge they will face over the next five years, yet just 23% of these companies have a “…robust, documented succession plan in place.”
At Roscoe, succession planning is woven into our business strategy and plays a key role in the efforts by which we've been able to grow our business and provide our customers with consistently high-quality service.
Succession, after all, is about ensuring the continuity of leadership and values that drive success.text
Tuesday, August 13, 2019
On August 13th, 1921 Roscoe founders George C. Buik and John P. O’Connell set out with a mission. They wanted to fill a gap in what they recognized as a fast-growing, niche market in an increasingly industrialized Chicago. Not only were they determined to improve the lives and businesses of their customers, they sought to build a company culture of excellence.
Today, 98 years later, we are celebrating the team members and customers who have helped keep their vision going for nearly a century, even as the industry has undergone a dramatic consolidation.
“When I started in the business full time in 1982, there were 80 operators in the (linen and industrial laundry) market,” says Roscoe’s third-generation owner and President, Jim Buik. “Now there are about 10. We are the last industrial independent supplier in Chicago.”text