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Family Business
13 May 2015

ABOUT MONEY

Financial stewardship for the next generation

YOU’VE worked hard to make a success of your family business and to build your family’s wealth. Not only have you done it to make your life easier, but to make the lives of your children and grandchildren easier, too.

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THE issues that determine FB prosperity

THIS month we resume our conversation with Leanne Hegarty, Partner is KPMG’s Private Enterprise Division, about the issues that most family businesses deal with on their road to success.

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Seek advice at the start

By Tony Hercok

THERE are a number of legal considerations when starting a business. Many challenges faced by business owners could have been avoided had proper advice been sought from the beginning.

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18 April 2015

MEETING OBLIGATIONS

Managing working capital in your FB

WORKING capital can be defined as the difference between your family business current assets and current liabilities.

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09 April 2015

WHEN TENSIONS ARISE

Managing conflict in the family business

CONFLICT shouldn’t be viewed by family businesses as something to avoid at all costs. The positive outcome of any well-managed conflict – or ‘creative tension’ – can be that it helps family businesses take advantage of diversity and build their competitive advantage.

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09 April 2015

DNA CULTURE

Successful management of DNA embeds values

SETTING up and managing a family business is one of the most challenging things anyone can do. WSBA asked Leanne Hegerty, Partner Private Enterprise at KPMG to answer some questions relating to the keys issues around setting up and managing a family business.

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Be the devil’s advocate in your business

PASSION and vision are two characteristics that make a good leader. It’s important that these traits be tempered by humility.

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Western Sydney Business Access (WSBA) covers the business and community issues of the Greater Western Sydney region of Australia. WSBA is the popular media source for connecting with the pulse of the region and tapping into it's vast opportunities and networks.