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Family Business Survey 2015: full report

Family Business Survey 2015

The 2015 survey reveals the key trends that are shaping the future of Australian family business and how family-owned businesses are embracing change.

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Since 2005, we have sought to better understand the unique nature, opportunities and challenges of family-owned businesses, and in this year’s survey we have gone deeper, to identify the characteristics of high performing family businesses.

Produced in collaboration with Family Business Australia and the University of Adelaide's Family Business Education and Research Group (FBERG), the 2015 Family Business Survey reveals the key trends that are shaping the future of Australian family business.

Key findings

  • Nearly 80 percent feel optimistic about their future growth prospects. 
  • There are identifiable characteristics of high performing family businesses. 
  • Balancing of family and business issues remains to be the biggest challenge. 
  • Family businesses with an entrepreneurial culture are outperforming others. 
  • Governance mechanisms are evolving, allowing for greater agreement and communication. 
  • Although there is still work to be done in exit/success preparation, overall family businesses are much more prepared than in 2013. 
  • CEOs believe their successor needs to work on their financial management, strategic planning and leadership/management skills.
Family Business Survey 2015 infographic

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