Commonly, a re-evaluation of the family business structure occurs at key points in the organisation’s lifecycle, such as starting, transitioning, or deciding to exit the business. So what needs to be considered, and what structure is best for you? KPMG Enterprise Partners Kerri Reynolds and Ashley Miller discuss what’s best for the business and the family.
“Many restructures are forced on families, rather than chosen.”
“Communicate, communicate, communicate.”
“Good planning and good governance are key to success.”