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Successfully transitioning a family business between generations

At Sparke Helmore, we have many clients in their fourth and fifth generations of long-held family businesses. It is our experience in acting for these families that communication, planning, and structuring are essential elements of a successful transition. One of the most common questions we receive about longer-term planning for families who want to work through transitioning a business is – where do we start?

2024 Winners: Family Business Excellence Awards

Family Business Association celebrates success in family business through our annual Family Business Excellence Awards. Last night, we announced the 2024 Family Business Excellence Awards winners at the Family Business Conference 2024: Asia Pacific in Cairns. It was a fantastic night celebrating the achievements of family businesses across Australia and New Zealand.

Hear from Rachel Beard from A.H. Beard on 3AW Australia Overnight with Tony McManus

Family Business Association (FBA) is proud to be promoting Australian Family Businesses through a fortnightly segment on 3AW's Australia Overnight with Tony McManus. On 1 May 2024, Rachel Beard from A.H. Beard joined Tony McManus to discuss the family business, the rich history behind the business' 125 years of legacy, its humble beginnings, how it grew into the business it is today and the next generation working in the business.

What sustains a successful and enduring family business?

The team at Stewardship Asia Centre share how the best family businesses succeed at sustaining their organisations, the key traits of successful family businesses and how a genuine desire and persistence to create a collective better future for stakeholders, society, future generations and the environment, called Steward Leadership, can help sustain a family business.