Keeping it in the family on wane

Original article by Tim Boreham
The Australian – Page: 16 : 6-Oct-14

Australian Small Business Minister Bruce Billson will on 6 October 2014 issue new research by accounting firm Pitcher Partners. The study of 500 small enterprise owners from the baby boom generation shows that fewer than half aim to roll out succession plans that ensure the assets will be held by their children. This compares with an average 65% for the other 56 nations surveyed. Another finding is a growing trend among those who do want family ownership to consider female offspring as well as male

CORPORATES
PITCHER PARTNERS CORPORATE ADVISORY PTY LTD, AUSTRALIA. DEPT OF INDUSTRY

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