Date Posted: September 7, 2015

 ‘Expect the unexpected’. We have heard the phrase many times and probably think we have things generally under control. We have a pretty good idea of how things will play out. But how do we react when things go wrong? Do we have the right mechanisms in place to minimize the fall out? Are we really protected and prepared? ‘Managing Risk in your Family Business’ is the theme for the upcoming... Read more

Date Posted: September 4, 2015

Andrew BarterTough ProblemBusiness servicesStrategy, business planning and executionHow long have you been working with family businesses? After 20 plus years in the corporate world managing specialised teams, 6 years ago several of my work colleagues and I decided to set up a consultancy partnership called Toughproblem Consulting.  It was then that I really became exposed to working with family businesses and the complexities of the intersecting worlds of Family and... Read more

Date Posted: September 4, 2015

Here in the Sunshine State, FBA has had a whirlwind few months. We have welcomed our new State Manager Martine, Presented to the Caloundra Chamber of Commerce with rave reviews and inducted another amazing Family Business into the Hall of Fame. Packer Leather accepted their award with the utmost grace and humility at a packed out Lunch at the famous Gambaro’s restaurant and we were honoured to have Teresa Gambaro... Read more

Date Posted: September 4, 2015

It was great to see so many familiar faces and meet some of our new members at the National Conference. What stood out to me was the passionate and welcoming nature of so many of the delegates and the willingness to impart their business experiences and tricks of their trade to other family businesses. Highlights for me included the site visit to O’Reilly’s vineyard (Jane is on the QLD committee... Read more

Date Posted: September 4, 2015

The National Conference provided an opportunity for Family Business Australia to continue building strong relationships with government bodies. The Australian Small Business Commissioner Mark Brennan was available to open the Conference and to attend entire program; many members commented positively on his commitment. With the legislation just passed, the role will evolve into the Australian Small Business and Family Enterprise Ombudsman and as we highlighted at the conference, this is... Read more

Date Posted: September 4, 2015

 Chris AlpDirector Business Owner Central Business services description Strategic planning and advice for business owners Websitewww.businesscentral.com.au How long have you been working with family businesses? 33 years from graduate to partner with Fordham’s (formally Grant Thornton). Plus now, a year and a half on my own. What’s one of the most common mistakes you see in family businesses? Failure to address succession early enough. Much harder, fewer options and less successful outcomes when succession... Read more

Date Posted: September 4, 2015

With the Victorian government’s Small Business Festival and FBA’s National Conference behind us I am looking to Spring with enthusiasm. Wrapping up a project means getting my teeth into new ones which is always exciting. For the Small Business Festival I travelled to Wangaratta and Sale and discovered terrific family businesses and, not surprisingly, the same challenges and stories that I hear in Melbourne. This makes me realise there’s masses... Read more

Date Posted: September 4, 2015

The 2015 National Conference was held over 3 days at the Sheraton Mirage on the Gold Coast and from the feedback received so far, was a great success. We were particularly pleased that the Australian Small Business Commissioner Mark Brennan, was available to open the Conference and to attend the entire program; many members commented positively on his commitment. As a result of the response from last year, the Conference was... Read more

Date Posted: September 3, 2015

Welcome to the new world of retailing. Let’s take a snapshot of the way we now shop. Jane needs a new pair of boots to keep her toes warm this winter. While she’s watching TV that evening, she browses her favourite online stores to find out what’s in style, and at the same time checks the top fashion blogs on Instagram and Facebook to review the latest winter looks. The next... Read more

Date Posted: September 3, 2015

“Insanity: doing the same thing over and over again and expecting different results” - Albert Einstein. If businesses want to fast-track their growth, they need to look beyond the usual suspects. After all, cost reduction and efficiency programs only offer finite solutions at the end of the day.  The process of innovation, on the other hand, is a potential game-changer. The end result can be completely new and exciting ways... Read more