Many iconic Australian Family Businesses are using a Charter: A Family Code (of conduct).
This document guides the overlap between family and business values. It specifies the relationship between the family and the business, and sets out guidelines for resolution of issues and how the business is to be managed.
A specialist family business adviser will be able to assist in formulating this document to ensure your family business is a success from generation to generation.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.