Resources

The Family Business Insights QLD State Conference in Brisbane was held on Wednesday 2 October. It was a great afternoon of keynote presentations and speakers discussing challenging the status quo as an entrepreneur, avoiding insolvency in family businesses, the importance of self-care as leaders and effective governance for generational success.

As an owner of a business, it’s your responsibility to comply with all licensing requirements. Most businesses know they need a permission to serve alcohol but few realise permission is also needed to play music. OneMusic provides guidance around the the licensing for music and your obligation to it.

In the ever-evolving world of technology, few have navigated the changing tides with as much adaptability and entrepreneurial spirit as David and Mandy Stanbridge. Their journey, spanning over three decades, is a testament to them in the dynamic nature of the IT industry and the growing importance of cybersecurity in our digital age. We spoke with David and Mandy Stanbridge at MetBridge to learn more about their family business, their story of how it all started and how their business focus changed throughout the years.

The Family Business Insights New Zealand Conference in Auckland was held on Wednesday 25 September. It was a great afternoon of keynote presentations and speakers discussing leadership, family values and company values, sustainability in family businesses and looking at business through an intergenerational lens.

The Family Business Insights State Conference in Adelaide was held on Friday 20 September. It was a great afternoon of keynote presentations and speakers discussing how to navigate out of voluntary administration, avoiding insolvency in family businesses, creating an effective workplace culture and embracing philanthropy.

Global Product Supply Management (GPSM) is an international freight forwarder and customs broker, founded in 2002 by Lisa Harriott and Bill Alexiou-Hucker. We spoke with the team at GPSM to learn more about the family business, the story behind the partnership between two families, and the insights they have for other family businesses.

As the next generation of Asia-Pacific family business leaders grows up, the need for a strong family governance system becomes even more important. Family businesses are a crucial part of society and play a big role in the economy, making up 90% of global businesses and 27% of private capital markets worldwide, with assets worth over US$6 trillion. Although younger than family businesses in other regions, Asia-Pacific family businesses have recently become more prominent. More than half of the top 1,000 companies in 2023 were from this region, with a total value of US$4.2 trillion. These companies have achieved great success, leading to a significant transfer of wealth, with an estimated US$2.5 trillion expected to move between generations by 2030.

National Family Business Day, 19 September 2024, is dedicated to celebrating the vital role family-owned businesses play in our economy and communities. Family businesses are the heartbeat of Australia and New Zealand, driving innovation, creating jobs, and fostering a sense of community. We invite you to support, choose, and celebrate family businesses — today, and every day.

Family Business Association (FBA) is proud to be promoting National Family Business Day on a special episode celebrating family businesses on 3AW and 5AA Australia Overnight with Tony McManus.

The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, is encouraging all Australians to celebrate National Family Business Day on Thursday 19 September.