Family Business

A rare gem of an opal miner

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It’s a hard slog for opal prospectors in Lightning Ridge, battling both the heat and the local farming community for access to the land. But one family has made a living off the gems for generations.

Why family businesses should play by some rules

Most family businesses don't have a code of conduct … and they risk falling apart.

The entrepreneurial test that few complete

Passing a business to the next generation seems to be an impossible challenge for many founders.

How Kennett Builders became a powerhouse

There aren't many building firms that survive to celebrate their centenary, but Kennett Builders' strong foundations could ensure it is around for the next one.

Future growth at risk for family businesses: PwC

Global survey finds sales growth challenging for more Australian businesses, innovation lacking.

Abigail Johnson succeeds father at Fidelity

Control of US family business giant moves to the next generation.

Surviving the end of auto manufacturing

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It has become a case of adapt or die for Australia’s auto-parts makers.

Estate claims present a key family threat

Most businesses are unprotected against estate claims, but proper planning can avert them.

The amazing Sue Ismiel and her daughters

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Remarkable entrepreneurship grew one ball of sticky green goo into a $40 million per year empire.

The hard sell on succession

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Amongst Australia’s baby boomers in business, a high percentage are looking to sell out.

Succession is still a taxing issue

How a family business is structured is often a key factor in whether it is passed on to the next generation or sold.

The unique chemistry of the Coneliano family

This business started out selling East German parts and machinery, but now sells chemicals and loves paying tax.

America’s top 10 families crack $US500bn in wealth

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These are the richest families in the US, some well-known and others not. And one very wealthy descendant lives right here in Australia.

When boards of advisers are better than boards

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Keeping things simple has added meaning when it comes to the running of a company.

When the next generation opts out

Succession is not a given in family businesses. Many will be forced to bring in outside management teams or to sell out.

Rockefellers get out of the family business

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They made billions from oil more than a century ago, but now it’s time to go green.

Three ways to help SMEs beat the lending crunch

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A pattern of weaker business credit is putting SMEs under increasing pressure, and limited access to alternative markets is only making the situation worse. It's time to explore other options.

How Oliver Mark rebuilt the Nilsen empire

OJ Nilsen created a large business, listed it on the ASX, but died with little to show for it all. Now, the fourth generation has completely turned things around.

Key lessons from some family business masters

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These iconic family businesses are case studies in how to succeed. Their stories contain lessons for all enterprises.

How rich investors are turning to family business

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Family businesses can raise cash through banks or private equity, but high net worth individuals are also keen for some investment action.

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