-
Innovation: Your key to success
Read more: Innovation: Your key to successIncreasing innovation is one way Australian family businesses can remain a step ahead of their competitors and position themselves as unique. In a global market where technology and ability to adapt quickly are paramount, simply keeping up with your competition won’t be enough to differentiate yourself. As Apple corporation’s…
-
Letting go of the reins
Read more: Letting go of the reinsOnly about 30% of family-owned businesses survive into the second generation; 12% are still viable into the third generation. Only about 3% of all family businesses operate into the fourth generation or beyond, according to research by the Family Business Institute Imagine the British Royal family as an Australian…
-
Too much too soon
Read more: Too much too soonFamily businesses are often run informally, albeit with the best of intentions. Sometimes it’s that very informality that causes dissension and upheaval in the family. To ensure your business flourishes, while at the same time provides opportunities to family members, you need to think ahead. In a small suburban garage…
-
Adopt, Adapt, Improve
Read more: Adopt, Adapt, ImproveA family business often starts out small – being your own boss is appealing and you take your passions from being a hobby to a vocation for the future. Adopt When you start out your accountant may suggest an ideal family business structure for your immediate circumstances. As your…
-
Why Naomi Simson inspires me…
Read more: Why Naomi Simson inspires me…Naomi Simson took her family’s savings and invested it all on a business dream. That entrepreneurship mindset, someone who has the confidence to back themselves and their ability to follow their dream. Naomi is very open about mistakes she has made in the past but what makes a true leader…
-
Welcome
Read more: WelcomeHi! My name is Kirsten Taylor-Martin and welcome to my blog. People often ask me what I like about being an accountant. Accounting and tax is not just about the numbers. For me, it’s really about the stories behind those numbers, the people, the passion and the drive to create…
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.
