DATE: Thursday 3rd November, Time: 9am to 3pm (light lunch included)
DATE: Tuesday 18th October Time: 9am to 3pm (light lunch included)
LOCATION: ILG Offices, 16 Tyrone Place, Erskine Park NSW 2759
What does your family look like?
Most family businesses have a mix of Mum and Dad and one or two children working in the business. What most businesses fail to look at is what happens to the children who don’t work in the business? How do the financial decisions around this impact the business from a cashflow and asset point of view?
Here’s what we’ll cover:
Succession Planning involves big changes for you and your family. It’s a long term strategy, and is not something to plan just before retirement. Involving the next generation within the business from an early stage is key to developing a lasting legacy. Encouraging ownership and involvement, identifying and working with key strengths, skills and personalities and developing leadership confidence by taking an active role early on, is key to a smooth transition and setting the future direction of the business.
Transitioning to Retirement
How to successfully build up the next generation, giving them the skills to be ready and able to take over, ensuring the systems and support structure is in place to make yourself redundant, so you can move on worry free when the time comes and be financially secure for the future.
Hear from a family business who has been through the succession planning process, the benefits, the issues they faced and recommendations for others going down the same path.
NextGen - Taking Over the Reins
Determining the best hierarchy and management structure for your family owned business, setting clear boundaries and responsibilities, ensuring key members have a purpose and can successfully work together to resolve work conflicts when they arise. How to develop the same entrepreneurial culture as the businesses founders, to instil the next generation with the drive to grow and succeed and develop a multigenerational legacy.
The latest Taxation and Superannuation reforms and how they impact you
This changing minefield could provide a wealth of opportunities or penalties depending on your circumstances and operating structure. Taking advantage of existing and changing legislation could benefit both your operating business, your family’s future wealth and asset protection, and the retirement lifestyle of each generation.
About the Presenters:
Director & Head of Hotels Division
PJT Accountants & Business Advisors
Wayne is a qualified Family Business Advisor and Hotel Specialist with over 20 years’ experience in the industry.Wayne has assisted scores of clients transition in to and out of businesses successfully, and has managed the minefield of family business transitions time and again.
Accountant & Business Advisor
PJT Accountants & Business Advisors
Kim is a Senior Accountant and Advisor with many years’ experience helping family businesses. Kim is achieving her Advisor accreditation with Family Business Australia.
NSW Field Manager
Independent Liquor Group
Andrew is the NSW Field Manager at ILG, and will MC
Ask our panel questions about your own situation.
With experts in the accounting, business advisory, and family business sectors ready and willing to share their expertise.
What Client's Say
"PJT has always provided exceptional accounting service and advice relating to business operation, planning, taxation, investment and more.",
"The principals and staff are always approachable and display a sincerity in your business and situation.",
"PJT have made our life of running our own business much easier, knowing they are up to date with the latest in tax laws, and happy to help out with any queries we have,