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Threats to family business paper

Published on 06 Sep 18 by VICTORIAN DIVISION, THE TAX INSTITUTE

This paper covers:

  • the importance of family business to the Australian economy and statistics about families in business 
  • understanding the family business paradox
  • “family and business ain’t natural….”
  • business values
  • the characteristics of family business - performing and non-performing
  • the 12 simple secrets of success in family business
  • best practice – what are the successful families in business doing.

Author profile

Dan Simmonds
Dan is the Managing Principal of The Lantern Legal Group Pty Ltd with offices in Geelong, Melbourne, Ballarat, Bendigo and Albury. Dan is accredited by the Law Institute of Victoria as a specialist in business law and by Family Business Australia as an accredited adviser. Dan holds a number of external appointments as a director or business advisory committee member of 15 family businesses. His practice is focused on assisting families in business handling and relationships and resolving business challenges. - Current at 29 July 2016
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This was presented at 2018 Business Succession, the Family and Tax Day .

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