Family Businesses and SMEs
Family owned and small to medium sized enterprises (SMEs) is one of the largest industry sectors in Australia, and plays a significant role in driving the Australian economy, despite a low average number of employees. According to the Fair Work Act 2009, a small enterprise consists of less than 15 people, and a medium sized enterprise less than 200 people.
Family owned and SMEs have several advantages over larger enterprises, including employees with a high level of commitment and loyalty, independence and flexibility. However, they are often faced with threats such as fierce competition and financial difficulty.
Family owned and SMEs include stores and small shops, restaurants, barbers, sub-contractors, lawyers, accountants, and online based business, such as website graphic design.
Create a more certain future for your farm and family using our end-to-end solution for farm growth, improvement and succession.
Business Growth & Exit
Build real value in your business for the long term with our proven tools while also considering exit strategies to suit your business.
Our unique valuation model will value your existing business and identify opportunities to maximise future business value