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The glue that binds family & business – Governance
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Read more: The glue that binds family & business – GovernanceDedication and unified leadership, trust, dependability, flexibility, adaptability, and next-generation innovation are hallmark characteristics associated with family businesses. Nevertheless, alongside these strengths, family businesses are often confronted with the challenge of managing and resolving internal family conflicts. Personal feelings can influence business decisions; tensions can form, and then there’s the…
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Joining the family office in an official capacity
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Read more: Joining the family office in an official capacityInitiating a Family Office often sparks the inclination to assign an official role within the structure to a family member, adding a familial touch to the organizational framework. The role can be varied and may reflect this appointee’s skillsets, but typically this position will manage the day-to-day operations of the…
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Family Office – what is it?
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Read more: Family Office – what is it?Frequently, we encounter the question, ‘What exactly is a family office?’ and how does it distinguish itself from a family business? Understanding the nuances between these two entities is crucial in navigating the intricate landscape of family-driven financial structures. Separate to a family business, a family office supports the family…
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Developing & leaving a family legacy
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Read more: Developing & leaving a family legacyEvery family possesses a distinctive legacy or aspirations for one that is as unique as the family itself. Within the family unit, a myriad of ideas may emerge, shaped by diverse values, generations, and cultures that collectively form the essence of your family. For many families, they haven’t discussed, formally…
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Mindfulness – Family business & gender
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Read more: Mindfulness – Family business & genderGender dynamics, a perennial topic that has transcended generations, continues to be a source of discussion. Yet, in this contemporary era, perhaps it is time to shift our focus towards collaboration, identifying shared ground, and harnessing the strengths of individuals, irrespective of gender. Is it time to move beyond the…
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What family legacy does your family plan to leave?
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Read more: What family legacy does your family plan to leave?A family’s legacy – or wishes to create a legacy – are as unique as each family itself. There can be varied ideas within the family unit as well, depending on the diverse values, generations and cultures that make up your family. Does your family know what legacy they want…
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A cornerstone of family wealth: Self-managed superannuation funds
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Read more: A cornerstone of family wealth: Self-managed superannuation fundsAs families come together and build their wealth together, Self-Managed Superannuation Funds (SMSF) have been a favoured structure. With a 15 per cent tax rate and 0 per cent once in the pension phase, it is regarded as a beneficial way to diversify and build family wealth. Until recently, the…
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2022 plans: Time to have your ducks in a row
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Read more: 2022 plans: Time to have your ducks in a rowCOVID-19 has taught us to plan for the unknown. Having enjoyed the festive season with your family, it is a good time to consider your plans for your family’s future. Do you currently have all your ducks in a row? What aspects should you consider? What do you need to…
Family Business Insights
Expert insights and practical guidance for family businesses and family enterprises. Explore articles on succession planning, governance, legacy, and long-term wealth stewardship.