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BDO Family Business Advisory Services
Our Family Business Advisory Service is provided by a group of experienced professionals brought together to meet the specific needs of family businesses.
Whilst family owned and operated businesses face similar issues to any other business, the special character of a family business often means that they face greater challenges due to their own unique cultures that influence how they interact.
Both internal and external environments change over time, and the outcome for both family and business may be determined by how family members react to these changes.
If the family business is to succeed, it must be managed according to sound business principles. A successful business is in the best long term interests of the family itself.
Understanding the unique circumstances of family owned and operated businesses is critical if your adviser is to look out for your interests.
A comprehensive advisory service is increasingly in demand from family business owners who want to build relationships with an adviser who can service and co-ordinate all of the needs of the business. These needs range from asset protection and financial planning to risk insurance, taxation and legal matters.
BDO has developed a specialisation in family owned and operated businesses.
Our Family Business Advisory Service is provided by a group of experienced professionals brought together to meet the specific needs of family businesses.
Based on extensive experience working closely with family owned businesses, BDO has identified six key elements of service. These elements work together to form a comprehensive advisory service which will help family businesses grow - to establish a solid foundation which can be built upon by family members in the future.
BDO Family Business Advisory Services
Business Services
- Accounting and Auditing Services
- Succession Planning
- Estate Planning
- Organisational Development
- Corporate Finance
- Business Technology Solutions
- Family Councils
- Corporate Governance
Asset Protection
- Structures
- Strategies
- Risk Minimisation
Risk Insurance
- Key person
- Income Protection
- Superannuation Death Benefits
- Succession "Buy Out" Funding
Taxation
- Income Tax Planning
- Salary Packaging
- Goods and Services Tax
- Superannuation
- Stamp Duty
- Tax effective structures and restructuring
- Tax effective Estate planning arrangements
- Inter-generational ownership transfer issues
Financial Planning
- Wealth Creation
- Corporate Superannuation
- Wealth Preservation
- Funding Succession
- Portfolio Management
- Personal Financial Planning
Legal (in conjunction with solicitors)
- Shareholder Agreement
- Structures
- Dispute Resolution
- Estate Planning
- Philanthropy/Charitable
Contact:
BDO Kendalls
Phone: (07) 3237 5999
Bruce Hatcher, Partner
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