Family Business

Irrewarra Sourdough – a sweet business

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Fifteen years ago a couple of Melbourne lawyers decided to leave the rat race and pursue their passion for bread. Their business is now one of Australia's largest artisan bakeries.

Drilling down into the Wallis family business

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As commodity prices plunge, conditions in the mining industry have toughened, but one family business is going from strength to strength.

Breaking the cycle of family business failure

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Multigenerational family businesses are a rarity, with many floundering after the founding generation. But there are ways for firms to buck the trend.

Off-market hotel deals tipped to turn over at least $1.5bn

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Wealthy Malaysian family looking to buy $250m worth of Australian investment hotels by end of year.

Surviving a break-up in the family business

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Divorces can potentially wreck a family business, but there are legal protections and other structural safeguards.

The changing perceptions of HNWIs and family business

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High-net-worth individuals have a lot to offer family businesses, but there must be a meeting of minds and aims.

How one family’s DNA is helping others to thrive

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With 150 years of family business history to draw on, EY partner Richard Boyce knows better than most what it takes to succeed.

Why more families are turning professional

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Cost pressures are forcing many family businesses to professionalise their operations, but getting it wrong can be disastrous.

How Storm McGrath saved his father’s company

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Battered by a volatile exchange rate and other challenges, Storm McGrath has now put the family tutoring franchise back on course.

Setting the agenda for family business

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With the 2014 year rapidly drawing to a close, and after 10 months in her role, Family Business Australia chief executive Robin Buckham reflects on a productive year.

The growing power of family businesses

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Research shows the family business sector as a whole is increasing, and they’re outperforming their non-family peers on multiple levels.

Knowing the family history

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In the US, families are taking history lessons in themselves to help define their mutual goals and objectives.

Do Australian family businesses have an offshore complex?

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When it comes to expanding offshore, family firms seem to have cold feet. In fact, Australian family businesses have one of the lowest international footprints in the world.

How the Beaumonts are flooring their rivals

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From humble beginnings, the family tiles business has evolved into a national operation through a combination of dedication, inspiration, expansion and innovation.

Pepperstone founders take top EY gong

Founders of online foreign exchange broker Pepperstone named Australian EY Entrepreneurs Of The Year.

Why family business succession is China's biggest threat

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It’s a little-known fact that the Chinese economy is built on family businesses, and that could be its economic undoing.

A new remedy for family business oppression

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Family business disputes claiming oppressive conduct can be costly and time consuming, but a court pilot aims to both streamline the legal process and cut costs.

How to engage the next generation

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Showing children what the family business is about, and getting them involved in different aspects, are important early steps in the succession process.

A family business that’s really hatched

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From humble beginnings, the Hazeldenes have created one of the largest chicken farming operations in Australia. Now, the third generation is wanting more control.

Convincing overbearing parents you’re ready to shine

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Taking over control of a family business is usually a difficult process, but it doesn’t have to be if the succession process is handled well.

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