The Benefits of Running A Family Owned Business
There are many advantages and benefits to running a family-owned business. Family business still thrive in today’s highly competitive economy as most successful family businesses are not only well-founded but also exceptionally well-run. When you are aware of the advantages of being in a family-owned and run firm, it can significantly help your business maximise […]
Tips for Family Business Succession Planning
Running a successful family business is no easy task. The statistics show that in Australia 70% of family businesses fail or sell before the second generation gets a chance to take over. Over 90% of family businesses sell or fail before the third generation gets to take over. Although these figures look dismal it is […]