Family Business

Almost 50% of the nation’s workforce are employed by a family business, therefore the ongoing success and vitality of business is crucial to the economy. Being part of a family business can be rewarding and challenging - challenging because of the ways in which business ownership, management and family relationships overlap, creating complexities and emotional issues, particularly around money and control. As the baby boomer generation retires and looks to the next generation to take over the family business, succession or exit plans need to be considered.

Our extensive accounting and business management experience assists family business owners through the start up, growth and intergenerational change cycles of a family business. We provide comprehensive range of business services and advice not typically accessible on a permanent basis to family business, including:

  • Tax advice and planning
  • Business and Strategic planning
  • Next generation business coaching
  • Succession Planning and Business valuations
  • Compliance, bookkeeping and financial statements preparation
  • Personal and Business income tax return preparation
  • HR advice and assistance
  • Superannuation Guarantee guidance
  • Introduction to all manner of specialists within HC Networks as assistance is required
  • Finance facility review

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