What's keeping family businesses awake at night?

Learn how the Sages manage family dynamics, growth and succession planning to grow their small grocery shop into a significant retail group.

Running a family-owned business is complex. Conflict between family members, differing viewpoints on growth, and poor communication are some of the factors that can impact the success of a business.

So how do you find a balance between meeting the needs of your business and the expectations of family members?

Read more about the opportunities and challenges the Sages have faced – and the strategies they’ve developed – as their business and their family has grown.

If you’re interested in a customised workshop for your family business, or would like to join a round table discussion with other business families enquire here! https://kpmg.com/au/en/home/insights/2024/02/family-business-sages-case-study.html?utm_medium=soc&utm_source=linkd-rec&utm_campaign=1362496803&utm_term=week1

How are your profits looking? You can still beat the rising business costs.

Want to know the business costs you can control in 2024?

Watch the recording here of Kochie Kochie's Business Builders and KPMG Australia's Dale Khoury digital masterclass here: https://www.kochiesbusinessbuilders.com.au/how-are-your-profits-looking-you-can-still-beat-rising-business-costs-in-2024/?cid=PostBeyond%01346423%7CLinkedIn

The Family Business Conference 2024 Asia Pacific - Cairns

I recently attend The Family Conference 2024 | Asia Pacific in Cairns with Family Business Association (AU)’s?CEO?Catherine Sayer?and Chair?Angus Kennard?together with an abundance of Australian Family Businesses.

I was delighted to hear presentations by the likes of the Foti family (think Sydney Fireworks), the Wagner family (Toowoomba Airport & many other significant infrastructure projects), the Quinn Family (Sara Lee) and so many more that are testimony to the many iconic businesses by Australia and New Zealand's families and the contribution they make.

GLOBAL FAMILY BUSINESS SUMMIT: STEP Project Global Consortium (SPGC)

I recently attended and spoke on behalf of KPMG Private Enterprise Family Business at the 2024 SPGC Global Family Business Summit in the Amalfi Coast, Italy.

During this Summit I was delighted to the launch the latest global family business report, produced in collaboration with the STEP Project Global Consortium (SPGC). This report explores the important link between legacy and the long-term business performance of family businesses. A wonderful video has been produced which shares some key highlights and how family businesses can use our legacy matrix to uncover the strength of their legacy. Watch the video and read the full report here:?https://lnkd.in/es-cdN4a

In the following article below, see how you can register to attend our upcoming Private Insights Webinar where we will discuss the Australian benchmarking data retrieved from this survey and how legacy is a powerful force behind the sustained growth of Australian Family Businesses.

Laura Taylor Arpita Vyas Rosalia Santulli Creagh Sudding Andrea Calabrò Alfredo Valentino

UNLOCKING LEGACY: Adopting a future-centric view of legacy that binds generations together?

KPMG Private Enterprise and the STEP Project Global Consortium have collaborated on an initiative that explores the impact of family legacies on business performance. Spanning across 80 countries, territories and regions, we will share with you the data from over 2000 family businesses, as well as the personal insights from across the globe.

During this webinar we look forward to releasing the "Unlocking Legacy - The Path to Superior Growth in Family Business" report in Australia. To mark the launch I invite you to join me in a conversation with Daniel Trimarchi, KPMG Director – Family Enterprise Advisory, as we discuss how Australian family businesses look to be well placed to capture the benefits of their ‘legacy’; and thrive as the next generations drive future sustainability through innovation and entrepreneurship

Register now:?https://marketing.kpmg.com.au/PI-Unlocking-Legacy/

To view recordings of past webinars, head to our Family Business website

Why Family Business Matters?

KPMG Australia and Family Business Association (AU) have joined together to create a series of articles celebrating and acknowledging the contribution that this family?business has made to creating a positive footprint for Australia’s family business footprint.

Here is a link to our article with Allin Towbars.

Catherine Sayer Family Business Association (AU) Linda Chai