As Rupert Murdoch steps down, here are some family business succession tips from the SmartCompany archives
As the world tracks one of the highest-profile corporate successions in living memory, here are some tips for smaller Australian businesses contemplating their own family member handovers, drawn from the SmartCompany archives.
Selling a business or succession planning? Tips for attracting a search fund
Trade buyers and private equity have been the traditional acquirers of businesses in Australia, but search funds are increasing in popularity, particularly for transactions less than $50 million.
What every business owner needs to know about succession planning
Succession planning, when done right, doesn't have to be a collision of money, power and family dynamics.
Succession planning can help younger generations seamlessly take over their family business. Here’s how
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.
A 10-step guide to succession planning
By following this succession planning guide, business owners can prepare well in advance to ensure their own wellbeing and security.
