Exceptional Magazine : 2016 Exceptional Magazine
• 59 Exceptional Australia 2016 We know that each family business is unique, yet successful family businesses also have much in common. Understanding these success factors and taking advantage our knowledge underpins what we call the “Growth DNA Model” for family business. Aligning family and business strategy secures both your family’s and your company’s values on a long-term basis, and it forms the foundation for the planning of ownership and management succession. Family business: growth DNA model of the world’s largest family businesses are EY clients. Before these issues erupt to threaten your family business, talk to EY. 80% We are now offering more services for family businesses in Australia, including succession planning, governance and other family office services. Headed by Richard Boyce — himself a fifth-generation family business leader — EY’s family office services help families plan for their future, as well as their business. Contact Richard Boyce, Oceania Head of Family Office Services, at firstname.lastname@example.org for more information. Your wealth has a long history. Make sure it has a great future! As an entrepreneurial family, you have to make important decisions. Some will have far-reaching consequences for your family’s financial future. Whether you are deciding on a long-term investment strategy, or considering setting up a foundation, EY will help you debate all the issues from economic, tax, legal and strategic perspectives. You can also count on our support to help you choose external service providers. We have all the right answers to the key questions When your family’s wealth is at stake, you want to do everything right. This is precisely where we come in. We support you and your family office in all areas by providing you with answers to the most important questions: • How can family wealth best be preserved and increased? • How do I identify and unlock further potential? • When does outsourcing services make sense? • How can responsibilities best be divided up? • How can the family best monitor success? • What expertise should the family’s most important decision-makers have access to? • Which strategy is the most effective for charitable activities? • Which internal and external risks should be avoided, and how? • What costs are to be expected?
2015 Exceptional Magazine
2017 Exceptional Magazine