How can it be fair for one child to take ownership in the family business? What about the other kids?
Perhaps a hundred years ago, businesses (often farms) were often handed down to the oldest son. It was a way of keeping the business in the … Read more
Late Super Payments
This is not a new topic but unfortunately many business owners do not seem to be aware of the serious implications regarding late payments of super.
The rules are tough… and the penalties are way out of proportion.
We had a call from a … Read more
‘Transition Ready’ Businesses are connected to better financial performance
Sometime surveys reveal some interesting insights
Since 2005, Family Business Australia & Family Business New Zealand have run a survey of the issues facing families who run a business together. The results of the 2021 survey have just been … Read more
Now that’s a Boat
Client Profile: Status Houseboats
Puzzle… what is 3 stories high, has 5 bedrooms, 3 ½ bathrooms, 2 kitchens, an elevator, reverse cycle air-conditioning, floor heating, solar panels and built to the standard of the most exquisite homes in … Read more