The Introductory Guide to Family Business Succession Planning, developed in partnership with Family Business Australia, provides a step-by-step guide to passing the family business on to the next generation.
Many family business owners hope to pass on their business to the next generation. Family business succession maintains the strong connection between the two most important things in a family business owner’s life; their
business and their family. Succession can also be the perfect way to cap off the business owner’s personal business journey.
Given the highest proportion of business owners are aged between 45 and 59 years, there has never been a more important time to initiate a succession plan.