Our blog is created by us. It is our thoughts and ideas on how a family in business can become great.

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Getting ready to transition your family business

The act of moving the family business from one generation to the next is a life long journey.  It is affected by the loc...

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When can a binding death benefit nomination be a bad idea?

Estate planning for business families is difficult.  There is a raft of legal terms like enduring powers of attorney, te...

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Why saving tax is the wrong place to start family business succession

The discussion of succession in a family business in Perth is difficult.  Often the conversation is difficult and taxati...

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When a family member changes their tax residency

If a member of a family (in business) changes their tax residency they have a lot of short-term tax issues and strategic...

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Five things the ASX 200 can learn from family businesses

We often find advisors will shine a light on mega-corporations and tell family-owned businesses that “this is what you n...

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Getting a conversation started on wealth succession

For many family business owners the pathway to success has been a very purposefully driven process.  Key targets have be...

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The R&D Tax Incentive: What is it and how do I get it?

Many family businesses in Perth are doing incredible work.  And it is great to know that the research and development ta...

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How to deal with conflict in the family business

If you are a family running a business you will inevitability have conflict.  The conflict might be over financial matte...

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How to reduce your $1.6m transfer balance cap

If you are near retirement you will know about the $1.6m transfer balance.  It is the amount of money a person can put i...

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