Posts tagged "advice for family businesses"

The COS research revealed that 41% of males were more open to starting a family business compared to their female counterparts.

Furniture business owners Casey and Taylor McPhail thought they would have to shut the doors of the business that their father Keith McPhail founded in 1969 for good.

A family business advisor shares the unique challenges and opportunities such businesses face on a daily basis and her key learnings.

Succession planning is a way to help younger generations take control, often more gradually. These families set up, acquire and manage family businesses in parallel over a long period of time. This provides a training ground for younger generations.

There is no doubt that COVID-19 has changed the way we think, act and connect. Here's three tips for ensuring you maintain a positive client relationship.

Family businesses often naturally possess the all-important ingredients for long-term success: trust, a unified vision, commitment and stability.

Not having a clear plan for the future affects all areas of a business; one of the best ways to address this is to develop a family constitution.

Leadership is an elusive skill, but it is also a critical function that can determine a family business’ ability to survive and thrive.

Here are the top three questions family businesses ask (with answers), gathered from 20 years working closely with many family groups.

Family businesses across the world are advancing women, including non-family members, further and faster than their counterparts.

The social purpose of a business should be based on the belief social change is good for business and business is good for social change.

After five years of carbon-neutral parcel delivery for Aussie small business, we’ve picked up a tip or two for small businesses looking to ‘go green’.