Family business is the backbone of the Australian economy, responsible for many household brands. Working with family members to build an enduring business can be immensely rewarding. But it can also be challenging and fraught with emotion when the working world overlaps with the personal.
Typically the business is established by the energy, vision and hard work of its founder. Later, multiple family generations become involved, bringing with them new ideas and the potential to both invigorate and create conflict in the business. In addition, a succession plan is always an important consideration.
Your family business advisor
William Buck is one of Western Australia’s most experienced family business advisors. In addition to providing accounting services, our family business team can provide an impartial perspective and act as a sounding board for your business. We are skilled at working with all involved to achieve a balance between family and business issues, and can assist in negotiating a consensus between stakeholders.