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Family Business
GETTING THE STRUCTURE RIGHT Featured

Agreements can avoid pitfalls

By Justin Dowd

THERE’S a unique dynamic that exists in family businesses.

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HANDING OVER CONTROL Featured
01 January 2017

HANDING OVER CONTROL

Legal side to be aware of

By Justin Dowd

FAMILY business owners work tirelessly to make a success of their commercial entity, often pouring their heart and soul into the job.

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28 December 2016

KEYS TO COMMUNICATION

Do your FB meetings add value?

A COMMON misconception in family businesses is that if they can communicate effectively amongst the family members, they are well positioned for efficiently managing the business and achieving their goals.

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YOUR RELATIONSHIP WITH WEALTH Featured

Moving from now to next

FIRST, understand what it is you own and how you own it. Then ask yourself Why? Understanding your relationship to wealth will be important in developing future plans.

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LEADERSHIP AND OWNER TRANSITION Featured

Most FBs will appoint a new CEO 

ACCORDING to an in-depth survey conducted by KPMG Australia, the performance of family businesses peak when the CEO is between 51 and 60. It then declines as the CEO approaches the age of 70 or older.

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FB PROTECTION CHECK-LIST Featured

Strength lies in relationships

By Justin Dowd
Partner Watts McCray Lawyers

FAMILY businesses are truly the backbone of the Australian economy, accounting for 70% of all Australian businesses with an estimated wealth of $4.3 trillion.

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FRAUD PLAGUE IS REAL Featured

Business insiders top the list

IF you think we live in a country relatively free from the fraud and corruption that plagues many parts of the world, a new KPMG survey might shake you up a little.

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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.