Successful family businesses can take a lifetime to build, but poor decisions around succession can rip the heart out of a business and a family in a fraction of this time.

Handing over power to a new generation is a tricky process. If you plan to transfer your business to a family member you need to consider how this will affect the family unit as well as future business operations.

Contact us today to discuss the challenges and implications for your personal situation.

Lloyd Priddle
Lloyd has had a very successful career as an accountant, director and author for almost 40 years. Holding post-graduate qualifications in Business, Lloyd has specialised in Business Development, and worked with the Queensland Government and local councils on numerous occasions through association with AusIndustry and the SBAS Natural Disaster Assistance Program. He is also board member of a number of commercial and not-for-profit entities.