According to our KPMG Enterprise and Family Business Australia Survey, current and future family business leaders often view key aspects of the business, such as succession planning, governance and growth, in different ways. But successful family business leaders need to be aligned. That’s why we have created a five part Business of Family Master Class Series aimed at family enterprises keen to plan and strategise for the future.
"Family businesses consider more than profit and performance: they think about the identity of the family and its reputation, as well as their legacy going forwards."
"Boardroom problems can surface round the kitchen table which can lead to friction - that's why it's important to put strong governance frameworks in place for both the business and the family."
©2021 KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.
Liability limited by a scheme approved under Professional Standards Legislation.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.