Meet Our Member: Porthaul
We spoke with the team at Porthaul about how they shifted direction to launch their transport business, and how the next generations have stepped into leadership roles.
Discover the latest news from Family Business Association and access to tools and resources tailored to family businesses.
We spoke with the team at Porthaul about how they shifted direction to launch their transport business, and how the next generations have stepped into leadership roles.
Cultural differences shape how succession is discussed within families, but the core issues that need to be addressed are often the same. EWM Group explores how families approach these conversations, showing that while the language may differ, the underlying issues remain much the same.
In Ask the Advisor, we put your questions to the experts. Our FBA Family Business Accredited Advisors answer frequently asked questions from family business clients for your benefit. Responses are from trusted professionals who understand the ins and outs of family business. In this Ask the Advisor, Lisa Christo from NDA Law answers the question, "We’re a family-owned business planning to bring in outside investors, but we’re concerned about protecting our confidential information and maintaining control. How can a commercial lawyer assist us with this?"
We spoke with Hayley Alexander from Alexander Group, who shared with us some history on the business and her story entering the company.
In this article, we explore four key areas of effective succession planning for family businesses: starting early, communicating openly, documenting the process and preparing the next generation.
In Ask the Advisor, we put your questions to the experts. Our FBA Family Business Accredited Advisors answer frequently asked questions from family business clients for your benefit. Responses are from trusted professionals who understand the ins and outs of family business. In this Ask the Advisor, Dr Catherine Bowen from Generation to Generation: The People Factor answers the question, "Is there any hope for this family business?"
In Ask the Advisor, we put your questions to the experts. Our FBA Family Business Accredited Advisors answer frequently asked questions from family business clients for your benefit. Responses are from trusted professionals who understand the ins and outs of family business. In this Ask the Advisor, Adrian Nisbet from The End Game answers the question, "Every founder asks it at some point: How do I find time to focus on strategy?"
In Ask the Advisor, we put your questions to the experts. Our FBA Family Business Accredited Advisors answer frequently asked questions from family business clients for your benefit. Responses are from trusted professionals who understand the ins and outs of family business. In this Ask the Advisor, Tom Skotidas from everpath answers the question, "Why do we keep having the same fight—no matter how much we care for each other or how many meetings we hold?"
We spoke with the team behind Prairie Hotel, who shared their story of transforming a "forgotten outback pub" into the fourth-generation family business it is today.
ADLV Law have written an insightful article which explores why testamentary trusts are an important estate planning tool for family business owners, and how they can help protect assets, support succession, and preserve wealth for future generations.