Research indicates family businesses consistently out-perform non-family businesses in terms of return on investment and market value.
So what are the advantages available to a family business that can make them more successful?
The Family Business Essentials workshop will provide you and members of your family with the opportunity to spend time focusing on the health of your family business, where you want to be and how you can harness your distinct competitive advantage to reach your goals.
Course outline
- Identify family and business as interconnected systems which need differing approaches to maintain performance
- Understand the structures and processes that will professionalise your family business
Content
- What makes a family business different
- The competitive advantages of family businesses
- The 3 intersecting elements of family business – family, business, ownership
- The conflicting systems of “family” and “business”
- Family business values
- 9 Key success factors for a family business
Key learning
- Understand the key elements of a successful family business
- Identify how those key elements apply to your family business
- Identify areas of your family business that require focus and set priorities
- Develop an action plan to take back to your business to refine and implement
Who should attend
- All members involved in strategically guiding the family business
- Family businesses that do not have the wisdom of previous generations to draw upon
Facilitator
Agnes Vacca | KPMG (WA)
Agnes has over 30 years of experience working with family business owners, their finance teams and managers to develop strategies and implement restructures to ensure their businesses are operating in optimal business structures to facilitate business growth, future exit strategies and tax effectiveness. Agnes specialises in facilitating the development of goal focused business strategies including business transition, finance and reporting process improvement, cash-flow forecasting, budgeting, sensitivity analysis, business planning and finance proposals.
Those eligible to register for this event
- FBA Family Business Member. This workshop is free for FBA members.
- Family Business Non-Member. For non-members, the $195 workshop fee is redeemable if you join FBA within 7 days of attending the workshop.
Note: This is a family business only event. Advisors should not register to attend.
Thank you to our Event host
Click here to view the terms and conditions.
Please contact the office on 1800 249 357 or education@familybusiness.org.au if you have any questions or need assistance registering for this event.
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