+61 411 536 424   |   EMAIL BILL   |   

Latest Posts

Sometimes a difficult decision in Family Business is deciding if you need to get bigger

Sometimes a difficult decision in Family Business is deciding if you need to get bigger
Many years ago our family business was faced with a problem. My Brother and I were experiencing rapid growth and had out grown our facilities. We had an external review of the business done and concluded that we were 'Growing Broke". We could no longer finance the growth from cash flow. Fortunately we had developed systems and reports that made it easy to see what was happening.
READ THIS POST

Only one in three family businesses survive past the second generation

Only one in three family businesses survive past the second generation
At a recent family business breakfast event I spoke about the inability of older family members to have open and honest conversations with all family members. One interesting statistic is the high percentage of business owners who fail to have succession discussions with their partner.
READ THIS POST

Latest Tweets


Follow Bill on Twitter