Succession 101: Simplified tips for family-owned business
In this week’s edition of Let’s Talk, our experts unwrap the secrets to success with a simple roadmap and easy steps for your family business transition.
In this week’s edition of Let’s Talk, our experts unwrap the secrets to success with a simple roadmap and easy steps for your family business transition.
Family businesses face many challenges; however, they also reap many rewards for the family members and people they serve, writes Belinda Lyone.
A survey of over 2,400 family businesses across 70 countries has looked into the factors that drive their performance and continuity across generations.
Sources of conflict every family business needs to understand
Every September, Australia commemorates National Family Business Day to celebrate the invaluable contribution family businesses make to the Australian economy, community, and culture.
Digital marketing agency brothers grow a $5 million business and shoot to the top with an Amazon bestseller There’s something intriguing about successful sibling duos. Think Serena and Venus, Chris and Liam Hemsworth, Ben and Casey Affleck – the list goes on. How is it that there is so much talent in one family? It […]
The Jolly Group is becoming the first café group to raise funds on online investment platform Birchal. The Victoria-based, family-owned business comprises of The Jolly Miller Café & Patisserie, with 12 company-owned non-franchised outlets in Victoria (and a further 6 opening in 2020) and its wholesale kitchen Fig Food Co, which services hundreds of cafés […]
Starting a business with my wife and sister-in-law has been one of the best decisions I have ever made. Contrary to popular belief, working alongside your loved ones can in fact be a very beneficial experience that nurtures both your personal and professional relationships, while also providing the opportunity to grow your business. Aside from […]
A cabinet reshuffle has been announced by Prime Minister, with Michaelia Cash named Minister for Jobs and Innovation, and Craig Laundy promoted to Minister for Small and Family Business, Workplaces and Deregulation. Cash, formerly the Minister for Employment and Women, assumes responsibility for a new portfolio focused on jobs creation as part of her reassignment. […]
If “location, location, location” is everything in real estate, then “preparation, preparation, preparation” is equally important when selling a small business. There are many reasons why a small business owner might decide to sell, but preparation is the one common ingredient that can make the difference between a sale and a fail. The single most […]