Tag: Family Owned Businesses

The Rinehart family dispute reminds us that we’re in the early days of the largest generational wealth transfer in Australian history. Here are the five things any business can do to prevent the conflict we’re witnessing playing out in the courts and public stage between the Rinehart’s.

Family owned businesses are more vulnerable in the current economic climate, than non-family owned businesses, according to CEO of Family Business Australia, Philippa Taylor. Family owned businesses in Australia number 2 million and Taylor expects many are going to “go to the wall” in the next few months. “Their lack of a solid business plan […]