The Australian Small Business and Family Enterprise Ombudsman, in conjunction with Family Business Australia, has released a new online guide to succession planning — the “Introductory Guide to Family Business Succession Planning” — which provides a step-by-step guide to passing the family business on to the next generation.
You can’t build a strong business on weak foundations. Strengthening your business foundations can make a big difference to your business success, and of course, your personal prosperity… If you are looking to move your business forward, it’s important to take the time to get your business fundamentals right, and often it’s just a few…
Even if you’re not ready to sell your business just yet, or your retirement is years away, planning and preparing your business for sale should start today. Having a sale-ready business puts you in a position of strength and ready to capitalise on opportunities as they arise.
If you want your business to remain relevant and continue to grow, it’s time to be proactive … and in our experience it’s often small and easy-to-implement actions that can significantly improve your business success (and personal prosperity). Here are THREE key considerations for business owners that can help your business remain relevant now and…
While the sale of your business may contribute to a large portion of your retirement savings, incomes in retirement can come from a number of different sources which may vary over time depending on market conditions and your personal circumstances and investment strategy. So, before you hang out the ‘For Sale’ sign, there are some…
If concerns about cashflow, funding new ventures, selling your business or general worries about your business performance are keeping you awake at night, you may feel like your business is managing you, rather than you managing it. A properly prepared business plan is among the most effective ways to reduce stress and take control of…