The art of succession planning
Family businesses make up around 70 per cent of all businesses in Australia.
Source: dynamicbusiness.com
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Family offices ignoring $3.5tn time bomb: KPMG
Echoing similar findings by UBS, KPMG has found that of the estimated 70% of Australian businesses that are family-run, only 30% have an established succession plan.
Source: financialstandard.com.au