Family businesses are the beating heart of regional Australia. They fuel our local economies, create jobs, sustain communities, and lead innovation. Yet many of these businesses face a treacherous path when it comes to succession planning. Without a robust plan, the pass may be fumbled, harming not just the business but the community it supports. […]
The Succession Minefield Read More »
Good business decisions are not just about what gets decided. If we are wise, we pay attention to how decisions are reached as well. Particularly for boards, where the buck finally stops, the process can matter as much as the outcome. Deborah was a board chair, and spoke to me about misgivings she had about
Board Decision – A Case Study Read More »
“Don’t worry,” said George, “Our accountant is taking care of all that,” referring to the transfer of his family’s business to the next generation, “It’s all in hand.” Well, I hope it is. But there’s a lot more to transitioning the family business than accounting advice. If George’s accountant is accredited in family business advisory
Succession is more than tax and wills Read More »
